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Is the positional bias an artefact? Distinguishing positional concerns from egalitarian concerns
- Source :
-
Journal of Socio-Economics . Jun2012, Vol. 41 Issue 3, p277-283. 7p. - Publication Year :
- 2012
-
Abstract
- Abstract: This paper shows that the positional bias underscored by is an experimental artifact. Quoted authors highlighted the importance of positional concerns by finding that people prefer to earn a fewer absolute amount of income but to earn a higher income than others. Why do people prefer to earn more than others? The proposed explanation is that people have a preference for status. This conclusion might be wrong due to their particular design. We conjecture that subjects, by indicating to prefer a state of the world in which they earn more than others, in reality signal a preference for equality. We replicated the same design as in and added a new option so as to disentangle positional concerns from egalitarian ones. We observe that most subjects express egalitarian preferences rather than positional ones. [Copyright &y& Elsevier]
- Subjects :
- *EQUALITY
*INCOME
*SOCIAL status
*CONSUMER preferences
*SOCIOLOGY
Subjects
Details
- Language :
- English
- ISSN :
- 10535357
- Volume :
- 41
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Journal of Socio-Economics
- Publication Type :
- Academic Journal
- Accession number :
- 74990972
- Full Text :
- https://doi.org/10.1016/j.socec.2012.01.002