偏好的市场

The market for preferences

Cambridge Journal of Economics · 2004
被引 80
人大 A-ABS 3

中文导读

提出,当环境复杂性超出学习能力时,有限理性的消费者可能通过一个伪市场获取他人的低层级偏好(即专门化的决策规则),从而形成偏好市场。

Abstract

Learning processes are widely held to be the mechanism by which boundedly rational agents adapt to environmental changes. We argue that this same outcome might also be achieved by a different mechanism, namely specialisation and the division of knowledge, which we here extend to the consumer side of the economy. We distinguish between high-level preferences and low-level preferences as nested systems of rules used to solve particular choice problems. We argue that agents, while sovereign in high-level preferences, may often find it expedient to acquire, in a pseudo-market, the low-level preferences in order to make good choices when purchasing complex commodities about which they have little or no experience. A market for preferences arises when environmental complexity overwhelms learning possibilities and leads agents to make use of other people's specialised knowledge and decision rules.

有限理性偏好层级知识分工伪市场消费者专业化