Concept

Preference

Related lectures (6)

Explores the optimal betting strategy in a dynamic programming gambling problem, emphasizing risk preference impact.

Explores Stated Preferences (SP) methods, choice models, and experimental design for predicting individual behavior and market demand.

Explores how choice modeling predicts human behavior and quantifies preferences in various scenarios.

Explores agency relationships, contracts, incentives, risk preferences, and optimal outcomes in principal-agent interactions.

Explores preference elicitation, latent variables, and the impact of external events on decision-making.

Explores the use of choice models to predict consumer behavior in various contexts.