Concepedia

Preference For Flexibility

Preference for Flexibility is a decision-theoretic construct that characterizes an individual’s tendency to favor options preserving future choice alternatives under conditions of ambiguity, thereby distinguishing it from static utility maximization models by incorporating the intrinsic value of maintaining strategic adaptability.

36

Publications

2.7K

Citations

64

Authors

46

Institutions

Publications per year

2017–2026

4

Parents

Publications

36

A Representation Theorem for "Preference for Flexibility"

David M. Kreps · Econometrica · 1979 · 773 citations

, , +11

Commitment vs. Flexibility

Manuel Amador, Iván Werning, George-Marios Angeletos · Econometrica · 2006 · 308 citations

, , +16

Flexibility and Uncertainty

Joseph M. Ostroy · The Review of Economic Studies · 1984 · 287 citations

, , +17

The flexible prosumer: Measuring the willingness to co-create distributed flexibility

Merla Kubli, Moritz Loock, Rolf Wüstenhagen · Energy Policy · 2018 · 203 citations · Full text

, , +6

An Axiomatic Approach to “Preference for Freedom of Choice”

Clemens Puppe · Journal of Economic Theory · 1996 · 187 citations

, , +13

1–5 of 36

Authors

64

  1. MA
    Manuel Amador

    Federal Reserve Bank of Minneapolis, United States

    3 publications · 339 citations

    3

    h-index

  2. IW
    Iván Werning

    Massachusetts Institute of Technology, United States

    3 publications · 339 citations

    3

    h-index

  3. GA
    George-Marios Angeletos

    Massachusetts Institute of Technology, United States

    2 publications · 31 citations

    2

    h-index

  4. JN
    Jorge Nieto

    Universidad Pública de Navarra (UPNA), Spain

    2 publications · 42 citations

    2

    h-index

  5. ML
    Mimi Liljeholm

    California Institute of Technology, United States

    1 publications · 17 citations

    1

    h-index

1–5 of 64

Institutions

46

  1. Stanford University

    Stanford, United States

    4 h-index

    9 publications

    697 citations

  2. Massachusetts Institute of Technology

    Cambridge, United States

    3 h-index

    5 publications

    657 citations

  3. University of British Columbia

    Vancouver, Canada

    2 h-index

    2 publications

    303 citations

  4. Universidad Pública de Navarra (UPNA)

    Pamplona, Spain

    2 h-index

    4 publications

    84 citations

  5. National Bureau of Economic Research

    Cambridge, United States

    2 h-index

    5 publications

    81 citations

  6. Indian Institute of Management Bangalore

    Bengaluru, India

    1 h-index

    2 publications

    74 citations

  7. European Corporate Governance Institute

    Brussels, Belgium

    1 h-index

    1 publications

    11 citations

  8. Western University

    London, Canada

    1 h-index

    1 publications

    11 citations

1–8 of 46

Venues

  1. Journal of Economic Theory

    JET · 4 publications · 321 citations

    4

    h-index

  2. Econometrica

    4 publications · 1.2K citations

    4

    h-index

  3. SSRN Electronic Journal

    Repository · 3 publications · 40 citations

    3

    h-index

  4. Journal of Mathematical Economics

    2 publications · 28 citations

    2

    h-index

  5. Learning and Individual Differences

    1 publications · 44 citations

    1

    h-index

1–5