Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments

Shigeoka, Hitoshi; Yamada, Katsunori

Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments

Shigeoka, Hitoshi; Yamada, Katsunori

Institute of Social and Economic Research Discussion Papers, 2016, 930, 1-8

アクセス数:288件（2026-04-04 18:56 集計）

固定URL: https://hdl.handle.net/11094/51291

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タイトル	Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments
著者	著者名 Shigeoka, Hitoshi
著者	NRID 1000080533603 1000080533603 著者名 Yamada, Katsunori
キーワード等	income comparison
	discrete-choice experiment
	inter-country survey
	information treatment
	randomized survey experiment
内容	March 2015. Revised February 2016.
抄録	Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have large welfare consequences. We conduct an original online survey of discrete-choice questions to estimate such attitudes in the US and the UK.We find that the UK respondents compare incomes more than US respondents do. We then manipulate our respondents with simple information to examine whether the attitudes can be altered. Our information treatment\|suggesting that comparing income with others may diminish welfare even when income levels increase\|makes UK respondents compare incomes more rather than less. Interestingly, US respondents are not affected at all. The mechanism behind the UK results seems to be that our treatment gives moral license to make income comparisons by providing information that others do so.
出版者	The Institute of Social and Economic Research, Osaka University
収録物名	Institute of Social and Economic Research Discussion Papers
巻(号)	930
ページ	1-8
刊行年月	2016-02
言語	英語
ハンドルURL	https://hdl.handle.net/11094/51291
関連情報 (references)	URI https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2015/DP0930R.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Institute of Social and Economic Research Discussion Papers
最終更新日	2016-02

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Institute of Social and Economic Research Discussion Papers. 2016, 930, p. 1-8
DC.title	Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments
DC.creator	Shigeoka, Hitoshi
DC.creator	Yamada, Katsunori
DC.publisher	The Institute of Social and Economic Research, Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2016-02
DC.relation' scheme='DCTERMS.URI	https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2015/DP0930R.pdf
DC.subject	income comparison
	discrete-choice experiment
	inter-country survey
	information treatment
	randomized survey experiment
DC.description	March 2015. Revised February 2016.
DCTERMS.abstract	Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have large welfare consequences. We conduct an original online survey of discrete-choice questions to estimate such attitudes in the US and the UK.We find that the UK respondents compare incomes more than US respondents do. We then manipulate our respondents with simple information to examine whether the attitudes can be altered. Our information treatment\|suggesting that comparing income with others may diminish welfare even when income levels increase\|makes UK respondents compare incomes more rather than less. Interestingly, US respondents are not affected at all. The mechanism behind the UK results seems to be that our treatment gives moral license to make income comparisons by providing information that others do so.
DC.format	51291
citation_title	Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments
citation_author	Shigeoka, Hitoshi
citation_author	Yamada, Katsunori
citation_publisher	The Institute of Social and Economic Research, Osaka University
citation_language	英語
citation_date	2016-02
citation_journal_title	Institute of Social and Economic Research Discussion Papers
citation_volume	930
citation_firstpage	1
citation_lastpage	8
citation_public_url	https://hdl.handle.net/11094/51291
citation_abstract_html_url	https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2015/DP0930R.pdf

Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments

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