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               <dc:title>Relative payoffs and happiness: An experimental study</dc:title>
               <dc:creator>Charness, Gary</dc:creator>
               <dc:creator>Grosskopf, Brit</dc:creator>
               <dc:subject>happiness</dc:subject>
               <dc:subject>relative payoffs</dc:subject>
               <dc:subject>social preferences</dc:subject>
               <dc:subject>subjective well-being</dc:subject>
               <dc:subject>leex</dc:subject>
               <dc:subject>Behavioral and Experimental Economics</dc:subject>
               <dc:description>Some current utility models presume that people are concerned 
with their relative standing in a reference group. If this is 
true, do certain types care more about this than others? Using 
simple binary decisions and self-reported happiness, we investigate 
both the prevalence of ``difference aversion&amp;apos;&amp;apos; and whether 
happiness levels influence the taste for social comparisons. 
Our decision tasks distinguish between a person s desire to 
achieving the social optimum, equality or advantageous relative 
standing. Most people appear to disregard relative payoffs, 
instead typically making choices resulting in higher social 
payoffs. While we do not find a strong general correlation 
between happiness and concern for relative payoffs, we do 
observe that a willingness to lower another person s payoff 
below one s own (competitive preferences) seems correlated 
with unhappiness.</dc:description>
               <dc:date>2017-07-26T10:50:07Z</dc:date>
               <dc:date>2017-07-26T10:50:07Z</dc:date>
               <dc:date>1999-08-01</dc:date>
               <dc:date>2017-07-23T02:05:02Z</dc:date>
               <dc:type>info:eu-repo/semantics/workingPaper</dc:type>
               <dc:relation>Economics and Business Working Papers Series; 436</dc:relation>
               <dc:rights>L&amp;apos;accés als continguts d&amp;apos;aquest document queda condicionat a l&amp;apos;acceptació de les condicions d&amp;apos;ús establertes per la següent llicència Creative Commons</dc:rights>
               <dc:rights>http://creativecommons.org/licenses/by-nc-nd/3.0/es/</dc:rights>
               <dc:rights>info:eu-repo/semantics/openAccess</dc:rights>
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