Showing 1 - 10 of 11,340
Persistent link: https://www.econbiz.de/10010495017
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
Persistent link: https://www.econbiz.de/10011648416
Persistent link: https://www.econbiz.de/10012669856
Persistent link: https://www.econbiz.de/10003354419
Persistent link: https://www.econbiz.de/10003314148
Persistent link: https://www.econbiz.de/10003377679
We conduct a laboratory experiment that tests two fundamental predictions unique to salience theory. If an agent … purchases one of two vertically differentiated products, salience theory makes the following two distinct predictions. First, it … strongly support both predictions of salience theory. …
Persistent link: https://www.econbiz.de/10011445057
Persistent link: https://www.econbiz.de/10011545040
Persistent link: https://www.econbiz.de/10011566151