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This paper shows that households with positional concerns and convex status utility use gambling to attempt … Germany, proxying the status orientation of households by their expenditures for conspicuous consumption. Our empirical … results strongly indicate that households who care about status are more likely to participate in gambling and invest more in …
Persistent link: https://www.econbiz.de/10010240591
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sampling method in the study of irrational behaviour of households with respect to emotional and social status bias. The … to measure the emotional and social status biases. The collected data were analysed with the help of the statistical … social status biases influence the decision making processes and the path analysis confirmed that the emotional and social …
Persistent link: https://www.econbiz.de/10012839557
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(self-image), and reputational (status) motives. In this paper, we model a portfolio decision with two assets and …
Persistent link: https://www.econbiz.de/10012001790
(self-image), and reputational (status) motives. In this paper, we model a portfolio decision with two assets and …
Persistent link: https://www.econbiz.de/10012008982
Persistent link: https://www.econbiz.de/10010349045
A large body of evidence shows that social identity affects behavior. However, our understanding of the substantial variation of these behavioral effects is still limited. We use a novel laboratory experiment to measure differences in preferences for social identities as a potential source of...
Persistent link: https://www.econbiz.de/10012133874
employability explained "good" and "bad" behavior at work and in college, and also mediated the relationship between status and …
Persistent link: https://www.econbiz.de/10014430422