Preference for Increasing Wages: How do People Value Various Streams of Income?
نویسندگان
چکیده
منابع مشابه
Preference for increasing wages: How do people value various streams of income?
Prior studies have found that subjects prefer an improving sequence of income over a constant sequence, even if the constant sequence offers a larger present-discounted value. However, little is known about how these preferences vary with the size of the wage payments. In each of four studies, we find a positive relationship between the preference for increasing payments and the size of the pay...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1631845