Construct · 1 fields · 1 citations

anticipatory utility: a standalone construct

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Behavioral economics

utility gained or lost from looking forward to future consumption, which can lead people to prefer delaying pleasant outcomes and speeding up unpleasant ones.

In behavioral economics, anticipatory utility refers to utility gained or lost from looking forward to future consumption, which can lead people to prefer delaying pleasant outcomes and speeding up unpleasant ones. This meaning comes from Loewenstein (1987) in The Economic Journal.[1]

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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs forward2 fields · 2 citationsjingle · one word, two constructs future3 fields · 6 citationsjingle · one word, three constructs

References

Loewenstein, G. (1987). Anticipation and the Valuation of Delayed Consumption. The Economic Journal, 97(387), 666. https://doi.org/10.2307/2232929

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