Showing 1 - 10 of 1,249
Persistent link: https://www.econbiz.de/10003281094
This model extends the keeping up with the Joneses (KUJ) model to incorporate the notion that positional concerns in consumption are best modelled with a reference dependence specification of preferences, as postulated by Tversky and Kahneman (1991) in the context of riskless choice. In line...
Persistent link: https://www.econbiz.de/10002817365
Persistent link: https://www.econbiz.de/10013169878
This model extends the keeping up with the Joneses (KUJ) model to incorporate the notion that positional concerns in consumption are best modelled with a reference dependence specification of preferences, as postulated by Tversky and Kahneman (1991) in the context of riskless choice. In line...
Persistent link: https://www.econbiz.de/10013318746
Persistent link: https://www.econbiz.de/10014371737
Persistent link: https://www.econbiz.de/10012320346
Persistent link: https://www.econbiz.de/10013331048
Persistent link: https://www.econbiz.de/10011924813
Persistent link: https://www.econbiz.de/10011285514
Persistent link: https://www.econbiz.de/10012253784