Search
Now showing items 41-50 of 73
Honestly, why are you driving a BMW?
(2004)
This paper proposes that people derive utility not only from goods or their attributes as in standard models, but also from their self-image as influenced by their own perception of their preferences. In a representative ...
HEALTH INVESTMENTS UNDER RISK AND AMBIGUITY
(2010-05-04)
This paper discusses how a decision maker should deal with uncertainty, both in the sense of a well-known probability distribution of different outcomes and as a situation where also the probability distribution is unknown. ...
Genuine Saving and Conspicuous Consumption
(2016-01)
Much evidence suggests that people are concerned with their relative consumption, i.e., their own consumption relative to that of others. Yet, conspicuous consumption and the
corresponding social costs have so far been ...
SELF IMAGE AND CHOICE EXPERIMENTS: HYPOTHETICAL AND ACTUAL WILLINGNESS TO PAY
(2003)
This paper proposes that people derive utility from a positive self-image, influenced by
ethical views, internal honesty, and consistency between sequential choices. A model is
tested by conducting the same choice-experiment ...
POSITIONAL PREFERENCES IN TIME AND SPACE: IMPLICATIONS FOR OPTIMAL INCOME TAXATION
(2010-01-22)
This paper concerns optimal nonlinear taxation in an OLG model with two ability-types, where people care about their own consumption relative to (i) other people’s current consumption, (ii) own past consumption, and (iii) ...
Social preferences are stable over long periods of time
(2012-04)
We measure people’s prosocial behavior, in terms of voluntary money and labor time
contributions to an archetypical public good, a bridge, and in terms of voluntary money
contributions in a public good game, using the ...
Are Social Preferences Skin Deep? Dictators under Cognitive Load
(2009-07-03)
We study the impact of cognitive load in dictator games to test two conflicting views of
moral behavior. Are social preferences skin‐deep in the sense that they are the result of
humans’ cognitive reasoning while the ...
Do You Enjoy Having More Than Others? Survey Evidence of Positional Goods
(2003)
Although conventional economic theory proposes that only the absolute levels of
income and consumption matter for people’s utility, there is much evidence that relative
concerns are often important. This paper uses a ...
Measuring hypotheticalgrandparents preferences for quality and relative standings
(2001)
Individuals' aversion to risk and inequality, and their concern for relative standing, are measured through experimental choices between hypothetical societies. It is found that on average individuals are both fairly ...
Optimal Environmental Road pricing
(2005)
An optimal first-best road charge should not only be differentiated with respect to factors that affect the direct external environmental and time costs from the road-user himself. Indirect effects, such as the fact that ...