A cognitive model of individual well-being

被引：0

作者：

Itzhak Gilboa

David Schmeidler

机构：

[1] Department of Economics and Recanati School of Business,

[2] Tel Aviv University,undefined

[3] Tel Aviv 69978,undefined

[4] Israel (e-mail: igilboa@post.tav.ac.il),undefined

[5] Department of Statistics and Recanati School of Business,undefined

[6] Tel Aviv University,undefined

[7] Tel Aviv,undefined

[8] Israel,undefined

[9] and Department of Economics,undefined

[10] Ohio State University,undefined

[11] Ohio,undefined

[12] OH,undefined

[13] USA (e-mail: schmeid@tav.ac.il),undefined

来源：

Social Choice and Welfare | 2001年 / 18卷

关键词：

Linear Combination; Linear Function; Past Experience; Cognitive Model; Cognitive Factor;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

This paper offers a model of individual well-being that takes into account cognitive factors. It postulates that individuals compare payoffs to aspiration levels. The latter are determined by past experiences (adaptation), by other people's performance (interpersonal comparison), as well as by reasoning (justifications and excuses). We axiomatize a measure of well-being defined on real-valued vectors of various lengths. It is a linear combination of differences between payoffs and aspiration levels, where the aspiration level at each instance is a linear function of past payoffs.

引用

页码：269 / 288

页数：19

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