Is more always better?: A survey on positional concerns

Abstract

We use survey data to provide some empirical information about concerns regarding relative standing. Respondents chose between a world where they have more of a good than others and one where everyone's endowment of the good is higher, but the respondent has less than others. Questions asked about education, attractiveness and intelligence for one's child and oneself, income, vacation time, approval and disapproval from a supervisor, and papers to write. Half of the respondents preferred to have 50% less real income but high relative income. Concerns about position were strongest for attractiveness and supervisor's praise and weakest for vacation time.

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