Skip to main content
eScholarship
Open Access Publications from the University of California

Inducing preference reversals by manipulating revealed preferences

Creative Commons 'BY' version 4.0 license
Abstract

It is currently difficult to test the validity of existing explana-tions for the emergence of context-dependent preference rever-sals. This is because these explanations are generally placed atthe level of the process of evidence accumulation, and acrossexperimental paradigms, this process is unobservable. In thispaper, we propose a new experimental paradigm for elicitingpreference reversals, wherein the process of evidence accumu-lation is significantly observable. Over a series of experiments,we successfully induce preference reversals for arbitrary stim-uli by showing participants sequences of stimuli comparisonswith pre-determined outcomes. Our findings partially supportthe view that context-sensitive assimilation of a history of ordi-nal comparisons is sufficient to explain classic context effects.

Main Content
For improved accessibility of PDF content, download the file to your device.
Current View