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Preferrer

   Also found in: Legal, Idioms 0.01 sec.
pre·fer  (pr-fûr)
tr.v. pre·ferred, pre·fer·ring, pre·fers
1. To choose or be in the habit of choosing as more desirable or as having more value: prefers coffee to tea.
2. Law
a. To give priority or precedence to (a creditor).
b. To file, prosecute, or offer for consideration or resolution before a magistrate, court, or other legal authority: preferred the suit in a higher court.
3. Archaic To recommend for advancement or appointment; promote.

[Middle English preferren, from Old French preferer, from Latin praeferre : prae-, pre- + ferre, to carry; see bher-1 in Indo-European roots.]

pre·ferrer n.


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Studies have found that individuals will prefer higher risk options when they are performing below their aspiration level: "[I]ndividuals move from being risk preferrers to risk averters, or vice versa, depending on whether they are performing above or below their aspiration level.
Most of these studies (Awh and Primeaux 1985; Blair and Placone 1988; Edwards 1977; Hannan and Mavigna 1980) estimate individual input demand functions, expenditure equations or expenditure share equations for the input assumed to be preferred, to which they add a dummy variable that indicates whether the firm is assumed to be an expense preferrer.
 
 
 
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