IDEAS home Printed from https://ideas.repec.org/a/prs/reveco/reco_0035-2764_2000_num_51_3_410528.html
   My bibliography  Save this article

Utilité absolue ou utilité relative. Etat des lieux

Author

Listed:
  • Andrew E. Clark

Abstract

[fre] Le principal postulat de la microéconomie est que l'individu rationnel maximise une fonction d'utilité absolue ; celle-ci, pour la plupart des sociologues et des psychologues, est trop simpliste. Dans cet article, on teste l'idée selon laquelle la fonction qui est maximisée est relative : une partie de l'utilité individuelle provient en effet des comparaisons (aux autres ou au passé). Les mesures de l'utilité, telles que la satisfaction dans le travail ou la satisfaction globale, permettent d'examiner le rapport entre le bien-être dont les individus font état et, d'une part, leur revenu, et, d'autre part, leur statut sur le marché de travail. Les résultats valident l'hypothèse d'utilité relative, qui remet en cause aussi bien l'analyse microéconomique traditionnelle que les politiques publiques qui en découlent. [eng] Is utility absolute or relative? Some recent findings. . One of the basic axioms of microeconomics is that individuals maximise a utility function defined over absolute levels of goods or income. Most sociologists or psychologists consider this to be too restrictive. In this paper, I summarise some recent research showing that utility is partly relative, depending on comparisons to others or to the individual's own past. Two relationships are modelled: that between job satisfaction and wages, and that between general subjective well-being and unemployment. The fact that strong comparison effects are found in both relationships calls into question both standard microeconomic models of behaviour which assume absolute utility functions and the economic policy recommendations which result from these models.

Suggested Citation

  • Andrew E. Clark, 2000. "Utilité absolue ou utilité relative. Etat des lieux," Revue Économique, Programme National Persée, vol. 51(3), pages 459-471.
  • Handle: RePEc:prs:reveco:reco_0035-2764_2000_num_51_3_410528
    Note: DOI:10.3406/reco.2000.410528
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/reco.2000.410528
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

    File URL: https://www.persee.fr/doc/reco_0035-2764_2000_num_51_3_410528
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Claudia Senik, 2002. "When Information Dominates Comparison: A Panel Data Analysis Using Russian Subjective Data," William Davidson Institute Working Papers Series 495, William Davidson Institute at the University of Michigan.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_2000_num_51_3_410528. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE). General contact details of provider: https://www.persee.fr/collection/reco .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.