Mechtel, Mario; Hillesheim, Inga - Institut für Arbeitsrecht und Arbeitsbeziehungen in … - 2012
We conduct a classroom survey to investigate the willingness to sacrifice consumption in absolute terms in order to … ascend above others in terms of consumption levels. In contrast to other studies using survey methodologies, participants are … induced by relative consumption concerns, or else by nonmonotonic preferences. We find that relative consumption concerns …