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  1. The Easterlin paradox and another anatomy of income comparisons
    evidence from hypothetical choice experiments
    Erschienen: 2010
    Verlag:  Inst. of Social and Economic Research, Osaka

    This paper provides evidence from Internet-based, large-scale survey data of hypothetical choice experiment on the relative utility hypothesis. The methodology exploited here complements previous empirical results from happiness studies, incentivized... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 198 (795)
    keine Fernleihe

     

    This paper provides evidence from Internet-based, large-scale survey data of hypothetical choice experiment on the relative utility hypothesis. The methodology exploited here complements previous empirical results from happiness studies, incentivized choice experiment studies, and neuroscience studies in such a way that methodological problems among previous studies within these fields are resolved. We show that not only the intensity but also the distribution of relative utility are different across specific comparison benchmarks (internal reference group), and across types of reference groups people are facing in the experiments (external reference group). The relative utility effect among Japanese respondents, while shown to exist in the form of jealousy, is found to be not as strong as can validate the Easterlin paradox. Comparison benchmark with daily contacts is related to stronger jealousy. We also provide empirical evidence, which nuances that the reference group is chosen endogenously. -- Relative utility ; Easterlin paradox ; Hypothetical choice experiment ; Reference group ; Comparison benchmark

     

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    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/92640
    Auflage/Ausgabe: Rev. December 2010
    Schriftenreihe: Discussion paper / Institute of Social and Economic Research ; 795
    Schlagworte: Einkommen; Zufriedenheit; Nutzenfunktion; Erhebungstechnik; Japan; Glücksforschung; relative utility hypothesis
    Umfang: Online-Ressource (PDF-Datei: 39 S., 918 KB), Ill., graph. Darst.