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Happiness and loss aversion: Is utility concave or convex in relative income?

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Author Info
Vendrik, Maarten C.M.
Woltjer, Geert B.

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File URL: http://www.sciencedirect.com/science/article/B6V76-4N49VH7-1/2/e6d6f0597867dd69d4f273063152a97a
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Article provided by Elsevier in its journal Journal of Public Economics.

Volume (Year): 91 (2007)
Issue (Month): 7-8 (August)
Pages: 1423-1448
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Handle: RePEc:eee:pubeco:v:91:y:2007:i:7-8:p:1423-1448

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Web page: http://www.elsevier.com/locate/inca/505578

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  1. Benno Torgler & Markus Schaffner & Bruno S.Frey & Sascha L. Schmidt, 2008. "Looking Awkward When Winning and Foolish When Losing: Inequity Aversion and Performance in the Field," School of Economics and Finance Discussion Papers and Working Papers Series 230, School of Economics and Finance, Queensland University of Technology. [Downloadable!]
    Other versions:
  2. Peter P. Wakker, 2008. "Explaining the characteristics of the power (CRRA) utility family," Health Economics, John Wiley & Sons, Ltd., vol. 17(12), pages 1329-1344. [Downloadable!]
  3. Benno Torgler & Markus Schaffner & Bruno S. Frey & Sascha L. Schmidt & Uwe Dulleck, 2008. "Inequality Aversion and Performance in and on the Field," NCER Working Paper Series 36, National Centre for Econometric Research. [Downloadable!]
    Other versions:
  4. Steven Carter & Michael McBride, 2009. "Experienced Utility versus Decision Utility: Putting the 'S' in Satisfaction," Working Papers 080925, University of California-Irvine, Department of Economics. [Downloadable!]
  5. Richard Layard & Guy Mayraz & Stephen Nickell, 2009. "Does Relative Income Matter?: Are the Critics Right?," SOEPpapers 210, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
    Other versions:
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