Preply — Study more efficiently by working with a personal tutor. Get 50% off.Affiliate

Wikipedia

Endogenous preferences

Endogenous preferences are preferences that cannot be taken as given, but are affected by individual internal responses to the external state of affairs. They are interdependent, in part determined by social institutions, marketed advertisement, and subject to learning (experience and observation) and habit formation (past-experience).

See also Acquired taste

References

Tags

  • Economics and finance stubs
  • Utility