Products related to Preferences:
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Freedom and Adaptive Preferences
Traditional welfare economics works with the assumption of the fully rational economic agent (homo economicus) whose preferences are fixed: that is, they are not influenced by their economic environment.To the contrary, this book presents a theory of welfare economics that maintains the principles of normative individualism while allowing for adaptive or changeable preferences. Why do economists talk of preferences? In this book, Carl Christian von Weizsäcker shows that the concept is intimately related to freedom of action.The concept of preferences is the mode by which normative economics introduces the idea of freedom or liberty into its theory of human interaction.Moreover, the economic research of recent decades has provided a large amount of experimental and other empirical findings – e.g. the work on bounded rationality – which contradicts the assumption of fixed preferences.This book argues that this large body of findings is consistent with the hypothesis of adaptive preferences.This, together with the proposition that adaptive preferences allow a generalization of traditional welfare economics, has implications for policy applications of behavioral economics based on “normative individualism”.Normative individualism is an approach which intrinsically connects with the value of liberty or freedom.It is argued that normative individualism is indispensable for a society of free citizens, thus providing the foundations of civil liberty. This book will be of great interest to readers of welfare economics, behavioral economics and economic theory. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-NonCommercial-No Derivatives (CC-BY-NC-ND) 4.0 license.Any third party material in this book is not included in the OA Creative Commons license, unless indicated otherwise in a credit line to the material.Please direct any permissions enquiries to the original rightsholder.
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Arguing About Tastes : Modeling How Context and Experience Change Economic Preferences
Mainstream economics considers individual preferences to be fixed and unchanging.Although psychologists and other social scientists explore how tastes are formed, influenced, and evolve, it is not considered “proper” in orthodox economics to do so.Arguing About Tastes makes the case that economists should abandon the principle that preferences are fixed and instead incorporate into their work how context and experience shape individual tastes. David M. Kreps argues that the discipline must account for dynamic personal tastes when it comes to understanding social exchange, emphasizing human resource management and on-the-job behavior.He develops formal models that illustrate the power of intrinsic motivation and show why applying extrinsic incentives can be counterproductive.Kreps weighs the advantages and disadvantages of the principle de gustibus non est disputandum: there is no arguing about tastes.He calls for a new era of economics in which preferences are taken into account—and not for granted. Arguing About Tastes concludes with responses by the distinguished economists Alessandra Casella and Joseph E.Stiglitz and a final reply by Kreps.
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Arguing About Tastes : Modeling How Context and Experience Change Economic Preferences
Mainstream economics considers individual preferences to be fixed and unchanging.Although psychologists and other social scientists explore how tastes are formed, influenced, and evolve, it is not considered “proper” in orthodox economics to do so.Arguing About Tastes makes the case that economists should abandon the principle that preferences are fixed and instead incorporate into their work how context and experience shape individual tastes. David M. Kreps argues that the discipline must account for dynamic personal tastes when it comes to understanding social exchange, emphasizing human resource management and on-the-job behavior.He develops formal models that illustrate the power of intrinsic motivation and show why applying extrinsic incentives can be counterproductive.Kreps weighs the advantages and disadvantages of the principle de gustibus non est disputandum: there is no arguing about tastes.He calls for a new era of economics in which preferences are taken into account—and not for granted. Arguing About Tastes concludes with responses by the distinguished economists Alessandra Casella and Joseph E.Stiglitz and a final reply by Kreps.
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Algorithmics Of Matching Under Preferences
Matching problems with preferences are all around us: they arise when agents seek to be allocated to one another on the basis of ranked preferences over potential outcomes.Efficient algorithms are needed for producing matchings that optimise the satisfaction of the agents according to their preference lists.In recent years there has been a sharp increase in the study of algorithmic aspects of matching problems with preferences, partly reflecting the growing number of applications of these problems worldwide.The importance of the research area was recognised in 2012 through the award of the Nobel Prize in Economic Sciences to Alvin Roth and Lloyd Shapley.This book describes the most important results in this area, providing a timely update to The Stable Marriage Problem: Structure and Algorithms (D Gusfield and R W Irving, MIT Press, 1989) in connection with stable matching problems, whilst also broadening the scope to include matching problems with preferences under a range of alternative optimality criteria.
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Consumer Preferences and Acceptance of Meat Products
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Family Preferences of Normal and Neglected Children
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Museums and Interactive Virtual Learning
Museums and Interactive Virtual Learning provides informal educators with practical resources that will help them to build dynamic digital engagement experiences within their own cultural organizations. Presenting vignettes from experienced museum educators and end users, as well as scientific data and practical resources, the book highlights the mutual benefits that Interactive Virtual Learning (IVL) programs offer to the museum and those visiting from a distance.Chapters mirror the step-by-step process of developing reputable IVL programs and emphasize how important it is for cultural organizations to encourage cross-departmental collaboration, if they wish to ensure that their programs align with the overall goals of the organization.Providing a thorough overview of the technologies, budget, marketing and staff requirements, the authors offer a realistic depiction of the work involved in building content for digital engagement.Emphasizing the importance of assessing existing programming, the book shows how institutions can adapt content to fit a virtual format and create inclusive digital engagement opportunities that reach local, national, and international audiences. Museums and Interactive Virtual Learning is an essential guide for professionals who are tasked with interpreting the content of a cultural organization and building lasting digital engagement opportunities.It will be particularly useful to those looking to reach diverse audiences.
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Following Their Leaders : Political Preferences and Public Policy
Models of democratic decision-making tend to assume that voters have preferences and that candidates adjust their platforms to conform with those preferences; however, the direction of causation is largely the opposite.Political elites offer policy platforms to voters, and voters adopt those policies - they follow their leaders.Following Their Leaders argues that policies are designed by the elite and the electorate has little say.Preferences for public policy tend to be anchored in a political identity associated with a candidate, party, or ideology; voters' preferences on most issues are derived from their anchor preferences.Holcombe argues that because citizens adopt the policies offered by the elite, democratic institutions are ineffective constraints on the exercise of political power.This volume explores political institutions that help control the elite who exercise political power and discusses the implications political preferences have on democracies.
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Similar search terms for Preferences:
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What are preferences?
Preferences refer to the subjective feelings or attitudes individuals have towards different options or choices. They reflect an individual's likes and dislikes, and play a crucial role in decision-making processes. Preferences can be influenced by various factors such as personal experiences, cultural background, and individual values. Understanding one's preferences can help in making choices that align with one's desires and priorities.
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Can preferences change?
Yes, preferences can change over time. This can be due to a variety of factors such as personal experiences, exposure to new information, changes in values or priorities, and shifts in societal norms. As individuals grow and evolve, their preferences may also evolve, leading to changes in what they like or dislike. It is important to recognize that preferences are not fixed and can be influenced by a range of internal and external factors.
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What are your preferences?
As an AI, I do not have personal preferences or desires. My main goal is to assist and provide information to the best of my abilities based on the input I receive. Feel free to ask me any questions or provide me with tasks, and I will do my best to help you.
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Are taste preferences inherited?
Taste preferences are influenced by a combination of genetic and environmental factors. Research has shown that genetics play a role in determining an individual's sensitivity to certain tastes, such as bitterness. However, environmental factors, such as cultural influences and early exposure to different flavors, also play a significant role in shaping taste preferences. Therefore, while there is a genetic component to taste preferences, they are not solely inherited and can be influenced by a variety of factors.
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What are your kissing preferences?
As an AI, I do not have personal preferences. However, I can provide general information on kissing preferences. Kissing preferences can vary greatly from person to person. Some may prefer soft and gentle kisses, while others may enjoy more passionate and intense kisses. Communication and understanding your partner's preferences are key to ensuring a pleasurable kissing experience for both individuals.
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Do bisexuals also have preferences?
Yes, bisexual individuals can have preferences when it comes to the gender of their partners. Just like anyone else, bisexual people may have specific qualities or characteristics they are attracted to in a potential partner, regardless of their gender. Sexual orientation does not determine the absence or presence of preferences in relationships.
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Where do preferences come from?
Preferences can come from a variety of sources, including personal experiences, cultural influences, and individual values. Personal experiences, such as positive or negative interactions with certain things, can shape our preferences. Cultural influences, such as family traditions or societal norms, can also play a role in shaping our preferences. Additionally, our individual values and beliefs can impact what we prefer in terms of food, activities, and other aspects of life. Overall, preferences are shaped by a combination of internal and external factors.
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What are your aesthetic preferences?
I appreciate minimalist and clean designs with a focus on functionality. I am drawn to neutral color palettes and natural materials such as wood and stone. I also enjoy incorporating elements of nature into interior spaces, such as plants and natural light. Overall, I prefer a timeless and calming aesthetic that promotes a sense of tranquility and balance.
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