Yamada, Katsunori; Sato, Masayuki - In: Journal of Economic Behavior & Organization 89 (2013) C, pp. 35-57
-imposed reference persons’ incomes that are found in most of the happiness studies testing comparison effects. This approach allows … investigation of the differences in comparison effects across types of reference groups as well as respondents’ individual … characteristics, including specific comparison benchmarks, which are the main open questions in the literature. Some results from our …