We investigate the potential welfare cost of relative rank considerations using a series of vignettes and lab-in-the-field experiments with over 2,000 individuals in Abidjan, Ivory Coast. We show that: (1) individuals judged to be of a lower rank are perceived as more likely to be sidelined from...

People care about relative, and not only absolute, income. This paper investigates the importance of relative income within and between castes in the Indian caste system, using a choice experimental approach. The results indicate that slightly more than half of the marginal utility of income...

We consider the problem of how societies should be partitioned into classes if individuals express their views about who should be put with whom in the same class. A non-bossiness condition makes the social aggregator dependent only on those cells of the individual partitions the society members...

We consider the problem of how societies should be partitioned into classes if individuals express their views about who should be put with whom in the same class. A non-bossy social aggregator depends only on those cells of the individual partitions the society members classify themselves in....

"Le 28 octobre 2008, la multinationale Molex Inc. annonce l'arrêt prochain de la production de connectique sur le site Villemur-sur-Tarn (acheté quatre ans plus tôt) et la délocalisation de l'activité en Asie du Sud-Est. En cette année marquée par la crise financière, 2 000 usines...