Income inequality and risk taking: the impact of social comparison information

DOI10.1007/s11238-019-09713-8zbMath1426.91058OpenAlexW2952803131WikidataQ122918471 ScholiaQ122918471MaRDI QIDQ2329161

Ulrich Schmidt, Levent Neyse, Milda Aleknonyte

Publication date: 17 October 2019

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/222547

zbMATH Keywords

risk preferencesincome inequalityrelative incomesocial comparison

Mathematics Subject Classification ID

Individual preferences (91B08) Social choice (91B14) Experimental studies (91A90)

Related Items (2)

Socially interdependent risk taking ⋮ Compassion and envy in distributional comparisons

Cites Work

• Decreasing aversion under ambiguity
• Advances in prospect theory: cumulative representation of uncertainty
• Within- versus between-country differences in risk attitudes: implications for cultural comparisons
• Social comparison and risk taking behavior
• Status, Intertemporal Choice, and Risk-Taking
• A Model of Reference-Dependent Preferences*
• Prospect Theory: An Analysis of Decision under Risk
• A Theory of Fairness, Competition, and Cooperation
• Political Equilibrium, Income Distribution, and Growth
• Performance in Competitive Environments: Gender Differences
• Risk Aversion in the Small and in the Large

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