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This paper provides evidence from Internet-based, large-scale survey data of hypothetical choice experiment on the …, incentivized choice experiment studies, and neuroscience studies in such a way that methodological problems among previous studies … different across specific comparison benchmarks (internal reference group), and across types of reference groups people are …
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-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 …
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mitigation. We conducted a framed-field experiment among a Germany-wide sample to provide a revealed preference study on the …
Persistent link: https://www.econbiz.de/10012671884
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
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