Browsing Working papers by Author "Andersson, Fredrik W."

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    • Consumption Theory with Reference Dependent Utility 

      Andersson, Fredrik W. (2006)
      This paper presents a closed form consumption function for an individual when he derives utility from both his current and previous consumption and from the consumption of his relevant others. I show that the traditional ...

    • Is Concern for Relative Consumption a Function of Relative Consumption? 

      Andersson, Fredrik W. (2006)
      By using hypothetical choice experiments, this paper presents evidence that individuals' concern for relative consumption depends on their relative consumption. Individuals with consumption levels above society's average ...