Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...

Considering typing on the keyboard as a monotonous, easily accustomed, and repetitive(MEAR) task in modern society, we examine whether people predict their MEARwork performance accurately and confirm the effects of the performance feedback ontheir MEAR work predictions. The main findings are as...

Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...