Construct · 1 fields · 1 citations

positional concerns: a standalone construct

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Behavioral economics

caring about one's income or goods relative to others, so that people would accept less in absolute terms to be ahead.

In behavioral economics, positional concerns refers to caring about one's income or goods relative to others, so that people would accept less in absolute terms to be ahead. This meaning comes from Solnick (1998) in Journal of Economic Behavior & Organization.[1]

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Nearby constructs

absolute2 fields · 2 citationsjingle · one word, two constructs

References

Solnick, S. J., & Hemenway, D. (1998). Is more always better?: A survey on positional concerns. Journal of Economic Behavior & Organization, 37(3), 373-383. https://doi.org/10.1016/s0167-2681(98)00089-4

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