Auteur Manel Baucells
Documents disponibles écrits par cet auteur (3)
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Article : texte imprimé
Manel Baucells, Auteur ; Rakesh K. Sarin, Auteur |We introduce a modification of the discounted utility model that accounts for both satiation and habit formation in intertemporal choice. Preferences depend on the satiation level and the habitual consumption level. These two state variables, to[...]
Article : texte imprimé
Manel Baucells, Auteur ; Franz H. Heukamp, Auteur |Probability and time are integral dimensions of virtually any decision. To treat them together, we consider the prospect of receiving outcome x with a probability p at time t. We define risk and time distance, and show that if these two distance[...]
Article : texte imprimé
Manel Baucells, Auteur ; Martin Weber, Auteur ; Frank Welfens, Auteur |Reference-dependent preferences have been well accepted in decision sciences, experimental economics, behavioral finance, and marketing. However, we still know very little about how decision makers form and update their reference points given a [...]
