Construct · 1 fields · 1 citations

reference-dependent preferences in sport demand: a standalone construct

One name. One construct. A landmark on the map.

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reference-dependentpreferences in sport demand1 CONSTRUCTReference-dependentCOATES · SPORT ECONOMICS

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Sport economics

the view that fans evaluate expected outcomes relative to a reference point and are loss averse, which reshapes predictions of outcome uncertainty.

In sport economics, reference-dependent preferences in sport demand refers to the view that fans evaluate expected outcomes relative to a reference point and are loss averse, which reshapes predictions of outcome uncertainty. This meaning comes from Coates (2014) in Economic Inquiry.[1]

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Nearby constructs

demand4 fields · 4 citationsjingle · one word, four constructsloss2 fields · 3 citationsjingle · one word, two constructsreference-dependent preferences1 fields · 1 citationsanchor · a standalone construct

References

  1. Coates, D., Humphreys, B. R., & Zhou, L. (2014). Reference‐dependent Preferences, Loss Aversion, and Live Game Attendance. Economic Inquiry, 52(3), 959-973. https://doi.org/10.1111/ecin.12061

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