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Does Envy Destroy Social Fundamentals? The Impact of Relative Income Position on Social Capital
Fischer, Justina A.V.; Torgler, Benno - 2006
Social Survey Programme data from 25 countries. We find support for a positional concern effect or ?envy? whose magnitude in …
Persistent link: https://www.econbiz.de/10012168234
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Social Capital and Relative Income Concerns: Evidence from 26 Countries
Fischer, Justina A.V.; Torgler, Benno - 2007
Research evidence on the impact of relative income position on individuals' attitudes and behaviour is sorely lacking. Therefore, using the International Social Survey Programme 1998 data from 26 countries this paper investigates the impact of relative income on 14 measurements of social...
Persistent link: https://www.econbiz.de/10012168263
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Relative Income Position and Performance: An Empirical Panel Analysis
Torgler, Benno; Schmidt, Sascha L.; Frey, Bruno S. - 2006
Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...
Persistent link: https://www.econbiz.de/10012168233
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The Power of Positional Concerns: A Panel Analysis
Torgler, Benno; Schmidt, Sascha L.; Frey, Bruno S. - 2006
Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...
Persistent link: https://www.econbiz.de/10012168249
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Die Auswirkungen von Neid auf individuelle Leistungen: Ergebnisse einer Panelanalyse
Schmidt, Sascha L.; Torgler, Benno; Frey, Bruno S. - 2006
Relative income differences are likely to lead to envy within a reference group. Envy in turn influences social …
Persistent link: https://www.econbiz.de/10012168258
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Looking Awkward When Winning and Foolish When Losing: Inequity Aversion and Performance in the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - 2008
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10012168289
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Do Employees Care about their Relative Position? Behavioural Evidence Focusing on Performance
Torgler, Benno; Schaffner, Markus; Schmidt, Sascha L.; … - 2008
positional concerns and envy reduce individual performance. In contrast, there does not seem to be any tolerance for income …
Persistent link: https://www.econbiz.de/10012168290
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Inequality Aversion and Performance in and on the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - 2008
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10012168296
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A Crowding-out Effect for Relative Income
Torgler, Benno; Frey, Bruno S.; Schaffner, Markus; … - 2008
The risk of external interventions crowding-out intrinsic motivation has long been established in economics. This paper introduces a new dimension by arguing that a crowding-out effect does become possible if individuals receive higher relative compensation. Using a unique, large data set that...
Persistent link: https://www.econbiz.de/10012168298
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Should National Happiness be Maximized?
Frey, Bruno S.; Stutzer, Alois - 2007
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This … development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we … postulate that the appropriate approach is not to maximize aggregate happiness in seeking to improve outcomes by direct policy …
Persistent link: https://www.econbiz.de/10012168256