@TechReport{iza:izadps:dp8579, author={Dasgupta, Utteeyo and Gangadharan, Lata and Maitra, Pushkar and Mani, Subha}, title={De Gustibus Non Est Disputandum: An Experimental Investigation}, year={2014}, month={Oct}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={8579}, url={https://www.iza.org/index.php/publications/dp8579}, abstract={The goal of this paper is to examine stability in preferences using the Stigler-Becker state-dependent framework. Using a randomized intervention that changes the opportunity sets of individuals we construct a unique panel data from an artefactual field experiment and evaluate whether the change in the state space influences our selected indicators of preferences: risk, competitiveness, and confidence. We find that there is considerable heterogeneity of preferences across individuals at a point in time; risk and competitive preferences inter-temporally are consistent with state-dependent preferences, while measures of confidence seem to depend on past experiences.}, keywords={preference stability;state contingent preferences;artefactual field experiment}, }