Income comparisons are among the key mechanisms used to explain satisfaction and happiness, among other outcomes. Yet progress on the questions of who people use as social referents and whether differential selection patterns exist can only be made based on valid and reliable measures of pay...

Long-term contracts are an important element of all economic activity and, thus, critical for understanding modern economic structures. The natural gas industry provides particular insights into the functioning and dynamics of long-term contracts and industry structures, in a sector that is...

Social comparisons are an essential source of information about the self. Research in social psychology has shown individual variation in the tendency toward comparison with other people's opinions and abilities, raising the question of whether social comparisons are driven by psychological...