According to Hirschman, changes in choice behavior implying changes in values are the expression of a conflict between meta-preferences and preferences, and this, in its turn, is the result of disappointment. If disappointment is with private consumption, social and public commitments can provide alternative values; if, vice versa, disappointment is with public action, private concerns might provide the prevailing values. In discussing these points, I shall show that there are other sources of conflict, besides disappointment, that have both a cognitive and affective dimension and whose effects on preferences might result in altered choices.
Paper presented at the Conference in honor of Albert O. Hirschman, The gift of (self)subversion. Universita’ di Roma La Sapienza, September 12–13, 2014. I wish to thank an anonymous referee and all the participants at the Conference for their helpful comments and suggestions.
Bianchi, M. (2016), "Shifting Values: Private Concerns versus Public Action
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