We leave this issue of health-state-dependent preferences for future research.
In the presence of reference-dependent preferences, Learnfare provides uniquely powerful financial incentives for student performance.
Further research could be carried out by implementing the trade-off method according to the four valuation measures which are defined in the theory of reference-dependent preferences.
Students with different cultural background differ in their concern for relative position in the classroom, which is modeled by reference-dependent preferences.
We did indeed recognize the issue and it is for this reason we linked the variable PRIOR_ILLNESS to the scale parameter in the HMNL model – to partially account for health-state-dependent preferences and the experience-good features of healthcare.
The farmers also have a complex mixture of values similar to those of the herders but with important context-dependent preferences for Mediterranean crops (vineyards and olive groves) and lesser affinity for (if not some aversion to) transhumance and livestock.
According to the theory of reference-dependent preferences the equivalent gain needs to be higher than the willingness to pay and this expectation is confirmed by the results here.
In order to examine how pollinator preferences for wild flowers are affected by monocultures, we modelled the effects of density-dependent preferences, flower densities, and the geometry of field margins within a monoculture landscape using numerical simulations.
It is known that pollinators may show density-dependent preferences such as neophobia (an avoidance of unfamiliar items) when different types of flower are available within their environment, and the dominance of monoculture crops within the environment may consequently have adverse effects upon the preferences shown by pollinators living in the field margins within them.
For example, tokens were used to test reactions to social inequity [17, but see 18,19], reference-dependent preferences [20], and endowment effects [21].
House sparrows, in fact, provide another example of such condition-dependent preferences [ 44].
