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dc.contributor.authorGüney, Begüm
dc.contributor.authorRichter, M.
dc.date.accessioned2016-06-29T13:04:36Z
dc.date.available2016-06-29T13:04:36Z
dc.date.issued2015-11
dc.identifier.issn1879-1751
dc.identifier.urihttp://hdl.handle.net/10679/4142
dc.identifier.urihttp://www.sciencedirect.com/science/article/pii/S0167268115002553
dc.descriptionDue to copyright restrictions, the access to the full text of this article is only available via subscription.
dc.description.abstractThis paper experimentally studies the influence of aspirations on choice. Motivated by the theoretical model of Guney et al. (2015), we consider choice problems which may include unavailable alternatives. In a choice problem, an aspiration is the most desired alternative there (available or not). In our design, we endogenously derive both aspirations and a subjective similarity notion that operates between an aspiration and other alternatives. We find that (i) choice reversals are more likely when an unavailable aspiration alternative is added into the environment than when an unavailable non-aspiration alternative is added, (ii) an available option is more likely to be chosen when there is an unavailable aspiration that is similar to it compared to when there is no such option in the environment, (iii) choices are better explained by a similarity-based procedure when the subjective similarity notion that is derived in a separate part of the experiment is used rather than the Euclidean distance.
dc.language.isoengen_US
dc.publisherElsevier
dc.relation.ispartofJournal of Economic Behavior and Organization
dc.rightsrestrictedAccess
dc.titleAn experiment on aspiration-based choiceen_US
dc.typeArticleen_US
dc.peerreviewedyes
dc.publicationstatuspublisheden_US
dc.contributor.departmentÖzyeğin University
dc.contributor.authorID(ORCID 0000-0002-8638-6295 & YÖK ID 158784) Güney, Begüm
dc.contributor.ozuauthorGüney, Begüm
dc.identifier.volume119
dc.identifier.startpage512
dc.identifier.endpage526
dc.identifier.wosWOS:000366958800032
dc.identifier.doi10.1016/j.jebo.2015.09.012
dc.subject.keywordsExperiment
dc.subject.keywordsChoice
dc.subject.keywordsAspiration
dc.subject.keywordsPhantom
dc.subject.keywordsSimilarity
dc.subject.keywordsReversal
dc.identifier.scopusSCOPUS:2-s2.0-84945398092
dc.contributor.authorFemale1


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