Arbeitspapier
Meet the Joneses: An Empirical Investigation of Reference Groups in Relative Income Position Comparisons
It is generally understood that people care about their absolute income position, and several studies have in fact moved beyond this, showing that people also place considerable signifcance on their relative income position. However, empirical evidence about the behavioural consequences is scarce. We address this shortcoming by exploring the relative income effect in a (controlled) sporting contest environment. Specifically, we look at the pay-performance relationship by working with a large panel data set consisting of 26 NBA seasons. We explore how closeness affects positional concerns exploring in detail several potential reference groups. This allows checking of their relevance and of the scope of comparisons, a critical aspect in the literature that requires further investigation.
- Sprache
-
Englisch
- Erschienen in
-
Series: CREMA Working Paper ; No. 2008-13
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Schaffner, Markus
Torgler, Benno
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Research in Economics, Management and the Arts (CREMA)
- (wo)
-
Basel
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Schaffner, Markus
- Torgler, Benno
- Center for Research in Economics, Management and the Arts (CREMA)
Entstanden
- 2008
Ähnliche Objekte (12)
A Field Experiment on Moral Suasion and Tax Compliance Focusing on Under-Declaration and Over-Deduction
Moral Suasion: An alternative tax policy strategy? Evidence from a controlled field experiment in Switzerland
Can Tax Compliance Research Profit from Biology?
?Historical Excellence? in Football World Cup Tournaments: Empirical Evidence with Data From 1930 to 2002
The power of public choice in law and economics
Trust in International Organizations: An Empirical Investigation Focusing on the United Nations
Work Values in Western and Eastern Europe
?La Grande Boucle?: Determinants of Success at the Tour de France
Letter to the Editor: To the John Bates Clark Medal Committee
The Importance of Faith: Tax Morale and Religiosity
Tax Morale in Asian Countries
Tax Morale, Trust and Corruption: Empirical Evidence from Transition Countries
A Field Experiment on Moral Suasion and Tax Compliance Focusing on Under-Declaration and Over-Deduction
Moral Suasion: An alternative tax policy strategy? Evidence from a controlled field experiment in Switzerland
Can Tax Compliance Research Profit from Biology?
?Historical Excellence? in Football World Cup Tournaments: Empirical Evidence with Data From 1930 to 2002
The power of public choice in law and economics
Trust in International Organizations: An Empirical Investigation Focusing on the United Nations
Work Values in Western and Eastern Europe
?La Grande Boucle?: Determinants of Success at the Tour de France
Letter to the Editor: To the John Bates Clark Medal Committee
The Importance of Faith: Tax Morale and Religiosity
Tax Morale in Asian Countries
Tax Morale, Trust and Corruption: Empirical Evidence from Transition Countries
A Field Experiment on Moral Suasion and Tax Compliance Focusing on Under-Declaration and Over-Deduction
Moral Suasion: An alternative tax policy strategy? Evidence from a controlled field experiment in Switzerland
Can Tax Compliance Research Profit from Biology?
?Historical Excellence? in Football World Cup Tournaments: Empirical Evidence with Data From 1930 to 2002
The power of public choice in law and economics
Trust in International Organizations: An Empirical Investigation Focusing on the United Nations
Work Values in Western and Eastern Europe
?La Grande Boucle?: Determinants of Success at the Tour de France
Letter to the Editor: To the John Bates Clark Medal Committee
The Importance of Faith: Tax Morale and Religiosity
Tax Morale in Asian Countries