Elicitation of Preferences

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Elicitation of Preferences is written by Baruch Fischhoff and published by Springer Science & Business Media. It's available with International Standard Book Number or ISBN identification 9401714061 (ISBN 10) and 9789401714068 (ISBN 13).

Economists and psychologists have, on the whole, exhibited sharply different perspectives on the elicitation of preferences. Economists, who have made preference the central primitive in their thinking about human behavior, have for the most part rejected elicitation and have instead sought to infer preferences from observations of choice behavior. Psychologists, who have tended to think of preference as a context-determined subjective construct, have embraced elicitation as their dominant approach to measurement. This volume, based on a symposium organized by Daniel McFadden at the University of California at Berkeley, provides a provocative and constructive engagement between economists and psychologists on the elicitation of preferences.