Another Avenue for Anatomy of Income Comparisons: Evidence from Hypothetical Choice Experiments

Katsunori Yamada and Masayuki Sato ()

ISER Discussion Paper from Institute of Social and Economic Research, Osaka University

Abstract: We propose a new avenue for studying income comparisons effects, namely hypothetical discrete choice experiments in which respondents are presented with alternative combinations of hypothetical monthly income amounts, both for themselves and certain reference persons. With this experimental method we can avoid the problems associated with researcher-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 original, large-scale, Internet-based survey are provided.

Date: 2010-09, Revised 2013-03
New Economics Papers: this item is included in nep-evo, nep-exp, nep-ltv and nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

Downloads: (external link)
https://www.iser.osaka-u.ac.jp/library/dp/2010/DP0795R4.pdf

Related works:
Journal Article: Another avenue for anatomy of income comparisons: Evidence from hypothetical choice experiments (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dpr:wpaper:0795

Access Statistics for this paper

More papers in ISER Discussion Paper from Institute of Social and Economic Research, Osaka University Contact information at EDIRC.
Bibliographic data for series maintained by Librarian ().