Search Results - subject:"reference standard"

Competitive Altruism and Endogenous Reference Group Selection in Private Provision of Environmental Public Goods

Welsch, Heinz; Kühling, Jan - 2012

(competitive altruism) and in which they endogenously choose the reference group and associated reference standard involved in … reference standard involves a balance between the magnitude of the status signal (implying a low reference standard) and the …

Persistent link: https://www.econbiz.de/10010435684

The Optimal Choice of a Reference Standard for Income Comparisons: Indirect Evidence from Immigrants' Return Visits

Stichnoth, Holger - 2010

I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability. To overcome the difficulty that the reference incomeis not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10011600907

The Optimal Choice of a Reference Standard for Income Comparisons: Indirect Evidence from Immigrants' Return Visits

Stichnoth, Holger - Forschungsbasierte Infrastruktureinrichtung … - 2010

Persistent link: https://www.econbiz.de/10008596282

The optimal choice of a reference standard for income comparisons : indirect evidence from immigrants' return visits

Stichnoth, Holger - 2010

Persistent link: https://www.econbiz.de/10008824319

The optimal choice of a reference standard for income comparisons: indirect evidence from immigrants' return visits

Stichnoth, Holger - 2009

I propose two new tests of Falk and Knell's (2004)prediction that individuals'reference income increases with ability. To overcome the difficulty that the reference income is not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10010298808

The optimal choice of a reference standard for income comparisons: indirect evidence from immigrants' return visits

Stichnoth, Holger - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

I propose two new tests of Falk and Knell's (2004)prediction that individuals'reference income increases with ability. To overcome the difficulty that the reference income is not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10005097631

Choosing the Joneses : Endogenous Goals and Reference Standards

Knell, Markus; Falk, Armin - 2004

A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast findings from social...

Persistent link: https://www.econbiz.de/10010261901

Choosing the Joneses On the Endogeneity of Reference Groups

Falk, Armin; Knell, Markus - Institut für Volkswirtschaftslehre, …

solely determined by absolute achievements, but also by achievements relative to a reference standard or reference group. In … this literature it is assumed that the reference standard is completely exogenous. Social psychologists have questioned the … model the reference standard is determined endogenously. Following the social comparison literature we assume that in …

Persistent link: https://www.econbiz.de/10005585638