Celse, Jérémy - In: Journal of Behavioral and Experimental Economics … 41 (2012) 3, pp. 277-283
This paper shows that the positional bias underscored by Solnick and Hemenway (1998, 2005, 2007) is an experimental artifact. Quoted authors highlighted the importance of positional concerns by finding that people prefer to earn a fewer absolute amount of income but to earn a higher income than...