EconBase
← All papers

Context-Dependent Heterogeneous Preferences: A Comment on Barseghyan and Molinari (2023)

Matias D. Cattaneo, Xinwei Ma, Yusufcan Masatlioglu

arXiv 18 May 2023 · Theoretical Economics · publishedJournal of Business and Economic Statistics (2023)

arXiv:2305.10934 · PDF · DOI · OpenAlex · Extracted main text

Abstract

Barseghyan and Molinari (2023) give sufficient conditions for semi-nonparametric point identification of parameters of interest in a mixture model of decision-making under risk, allowing for unobserved heterogeneity in utility functions and limited consideration. A key assumption in the model is that the heterogeneity of risk preferences is unobservable but context-independent. In this comment, we build on their insights and present identification results in a setting where the risk preferences are allowed to be context-dependent.

Citation extraction

12
references
30
in-text mentions
12
distinct cited
1
self-citations
4,365
main-text words

appendix boundary found by none_found · 100% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Barseghyan and Molinari (2023) Risk Preference Types, Limited Consideration, and Welfare1.000195100%
2Barseghyan, Coughlin, Molinari, and Teitelbaum (2021) Heterogeneous Choice Sets and Preferences0.40511100%
3Barseghyan, Molinari, and Thirkettle (2021) Discrete Choice under Risk with Limited Consideration0.40511100%
4Camerer (1995) Individual Decision Making0.40511100%
5Camerer (1998) Bounded Rationality in Individual Decision Making0.40511100%
6Cattaneo, Ma, Masatlioglu, and Suleymanov (2020) A Random Attention Model self0.40511100%
7Cattaneo, Cheung, Ma, and Masatlioglu (2023) Attention Overload0.40511100%
8MacCrimmon and Wehrung (1986) Assessing Risk Propensity0.40511100%
9MacCrimmon and Wehrung (1990) Characteristics of Risk Taking Executives0.40511100%
10Markowitz (1952) The Utility of Wealth0.40511100%

Showing the top 10 of 12 scored citations.