The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Back to Bentham? Explorations of Experienced Utility
Open accessAbstract
Two core meanings of “utility” are distinguished. “Decision utility” is the weight of an outcome in a decision. “Experienced utility” is hedonic quality, as in Bentham's usage. Experienced utility can be reported in real time (instant utility), or in retrospective evaluations of past episodes (remembered utility). Psychological research has documented systematic errors in retrospective evaluations, which can induce a preference for dominated options. We propose a formal normative theory of the total experienced utility of temporally extended outcomes. Measuring the experienced utility of outcomes permits tests of utility maximization and opens other Unes of empirical research.
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Cites
When More Pain Is Preferred to Less: Adding a Better End
Kahneman, D., Fredrickson, B. L., Schreiber, C. A., & Redelmeier, D. A. (1993) · Psychological Science · doi:10.1111/j.1467-9280.1993.tb00589.x · Cited by 1,502
Self-citationBecker, G. S. (1996) · doi:10.4159/9780674020658 · Cited by 1,379
Duration neglect in retrospective evaluations of affective episodes.
Fredrickson, B. L., & Kahneman, D. (1993) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.65.1.45 · Cited by 1,228
Self-citationRedelmeier, D. A., & Kahneman, D. (1996) · Pain · doi:10.1016/0304-3959(96)02994-6 · Cited by 1,078
Self-citationA valid procedure for obtaining self-report of affect in marital interaction.
Gottman, J. M., & Levenson, R. W. (1985) · Journal of Consulting and Clinical Psychology · doi:10.1037/0022-006x.53.2.151 · Cited by 281
Cited by
A perspective on judgment and choice: mapping bounded rationality.
Kahneman, D. (2003) · American Psychologist · doi:10.1037/0003-066x.58.9.697 · Cited by 5,540
Self-citationMaps of Bounded Rationality: Psychology for Behavioral Economics
Kahneman, D. (2003) · American Economic Review · doi:10.1257/000282803322655392 · Cited by 5,377
Self-citationWhat is the role of dopamine in reward: hedonic impact, reward learning, or incentive salience?
Berridge, K. C., & Robinson, T. E. (1998) · Brain Research Reviews · doi:10.1016/s0165-0173(98)00019-8 · Cited by 4,127
Representativeness revisited: Attribute substitution in intuitive judgment.
Kahneman, D., & Frederick, S. (2002) · Heuristics and Biases · doi:10.1017/cbo9780511808098.004 · Cited by 3,476
Self-citationA Survey Method for Characterizing Daily Life Experience: The Day Reconstruction Method
Kahneman, D., Krueger, A. B., Schkade, D. A., Schwarz, N., & Stone, A. A. (2004) · Science · doi:10.1126/science.1103572 · Cited by 3,422
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Metadata
- Authors
- Kahneman, D., Wakker, P. P., & Sarin, R.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1997-05-01
- Volume
- 112
- Issue
- 2
- Pages
- 375-406
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W1977343123
- Cited by
- 2,513
- References
- 5
- FWCI
- 19.41
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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