Construct · 1 fields · 1 citations

news utility: a standalone construct

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Behavioral economics

utility experienced when beliefs about present or future consumption change, evaluated relative to prior expectations as gains and losses.

In behavioral economics, news utility refers to utility experienced when beliefs about present or future consumption change, evaluated relative to prior expectations as gains and losses. This meaning comes from Kőszegi (2009) in American Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs future3 fields · 6 citationsjingle · one word, three constructs prior3 fields · 4 citationsjingle · one word, three constructs

References

Kőszegi, B., & Rabin, M. (2009). Reference-Dependent Consumption Plans. American Economic Review, 99(3), 909-936. https://doi.org/10.1257/aer.99.3.909

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