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Choosing the Joneses : On the Endogeneity of Reference Groups
Falk, Armin; Knell, Markus - 2001
A growing economic literature recognizes and deals with the fact that economic agents' utility and well-being is not solely determined by absolute achievements, but also by achievements relative to a reference standard or reference group. In this literature it is assumed that the reference...
Persistent link: https://www.econbiz.de/10014145221
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The Optimal Choice of a Reference Standard for Income Comparisons : Indirect Evidence from Immigrants' Return Visits
Stichnoth, Holger - 2009
I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability. To overcome the difficulty that the reference income is not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...
Persistent link: https://www.econbiz.de/10014206261
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Well-Being Inequality and Reference Groups - An Agenda for New Research
van Praag, Bernard M.S. - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10010325687
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Well-being inequality and reference groups: an agenda for new research
van Praag, Bernard - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10010277027
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Divided we stand : immigration attitudes, identity, and subjective well-being
Welsch, Heinz; Kühling, Jan - 2017
Immigration is a crucial issue in contemporary politics, and attitudes towards immigration are highly dispersed in many … countries. We treat individuals' immigration friendliness (IF) as a feature of their self-image or identity and hypothesize that …, similar to other pro-social self-images, greater immigration friendliness is associated with greater subjective well …
Persistent link: https://www.econbiz.de/10011724593
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The social comparison scale : testing the validity, reliability, and applicability of the Iowa-Netherlands Comparison Orientation Measure (INCOM) on the German population
Schneider, Simone; Schupp, Jürgen - 2011
Social comparisons are an essential source of information about the self. Research in social psychology has shown individual variation in the tendency toward comparison with other people's opinions and abilities, raising the question of whether social comparisons are driven by psychological...
Persistent link: https://www.econbiz.de/10008842304
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Chapter 3. Preferences for Status : Evidence and Economic Implications
Heffetz, Ori; Frank, Robert H. - In: Handbook of social economics : volume 1, (pp. 69-91). 2011
This chapter brings together some of the recent empirical and experimental evidence regarding preferences for social status. While briefly reviewing evidence from different literatures that is consistent with the existence of preferences for status, we pay special attention to experimental work...
Persistent link: https://www.econbiz.de/10014025700
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The Social Comparison Scale: Testing the Validity, Reliability, and Applicability of the Iowa-Netherlands Comparison Orientation Measure (INCOM) on the German Population
Schneider, Simone; Schupp, Jürgen - 2011
Social comparisons are an essential source of information about the self. Research in social psychology has shown individual variation in the tendency toward comparison with other people's opinions and abilities, raising the question of whether social comparisons are driven by psychological...
Persistent link: https://www.econbiz.de/10011601002
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Direct evidence on income comparisons and subjective well-being
Goerke, Laszlo; Pannenberg, Markus - 2013 - This version: March 18, 2013
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their relative income to be. In this paper, novel data with direct...
Persistent link: https://www.econbiz.de/10009722408
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Direct Evidence on Income Comparisons and Subjective Well-Being
Goerke, Laszlo - 2013
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their relative income to be. In this paper, novel data with direct...
Persistent link: https://www.econbiz.de/10013083124