When experienced and decision utility concur: The case of income comparisons
Andrew Clark (),
Claudia Senik and
Katsunori Yamada ()
Additional contact information
Claudia Senik: PSE - Paris School of Economics, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, UP4 - Université Paris-Sorbonne
Katsunori Yamada: Kindai University
Post-Print from HAL
While there is now something of a consensus in the economics of happiness literature that income comparisons to others help determine subjective well-being, debate continues over the relative importance of own and reference-group income, in particular in research on the Easterlin paradox. The variety of results in this domain have produced some scepticism regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from an original Internet survey in Japan to compare the relative-income results from happiness regressions to those from hypothetical-choice experiments. This kind of validation of experienced utility via direct comparison with decision utility remains rare in this literature.
Keywords: Satisfaction; Income comparisons; Reference-group income; Discrete-choice experiments (search for similar items in EconPapers)
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01630336
References: Add references at CitEc
Citations Track citations by RSS feed
Published in Journal of Behavioral and Experimental Economics, 2017, 70, pp.1-9. 〈10.1016/j.socec.2017.07.002〉
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Journal Article: When experienced and decision utility concur: The case of income comparisons (2017)
Working Paper: When Experienced and Decision Utility Concur: The Case of Income Comparisons (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01630336
Access Statistics for this paper
More papers in Post-Print from HAL
Series data maintained by CCSD ().