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2010 Fiscal Year Final Research Report

Theoretical and Empirical Analyses on Social Preference

Research Project

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Project/Area Number 21830057
Research Category

Grant-in-Aid for Research Activity Start-up

Allocation TypeSingle-year Grants
Research Field Applied economics
Research InstitutionOsaka University

Principal Investigator

YAMADA Katsunori  Osaka University, 社会経済研究所, 特任研究員 (80533603)

Project Period (FY) 2009 – 2010
Keywords社会的地位選好 / 社会的効用 / イースターリンの逆説 / 離散選択実験
Research Abstract

I conducted an internet-based large-scale survey of hypothetical choice experiment on the relative utility hypothesis which posits that human being make decisions taking into account not only their own conditions but also consequences of their behavior on social interactions. I showed that not only the intensity but also the distribution of relative utility are different across specific comparison benchmarks, and across types of reference groups people are facing in the experiments. The relative utility effect among Japanese respondents is found to be not as strong as can validate the Easterlin paradox.

  • Research Products

    (5 results)

All 2010 2009

All Journal Article (4 results) Presentation (1 results)

  • [Journal Article] The Relative Utility Hypothesis With and Without Self-reported Reference Wages2010

    • Author(s)
      dela Garza, A., G.Mastrobuoni, A.Sannabe, K.Yamada
    • Journal Title

      ISER Discussion Papers 798, Osaka University 798

      Pages: 1-34

  • [Journal Article] The Easterlin Paradox and Another Anatomy of Income Comparisons : Evidence from Hypothetical Choice Experiments2010

    • Author(s)
      Yamada, K., M.Sato
    • Journal Title

      ISER Discussion Papers 795, Osaka University 795

      Pages: 1-40

  • [Journal Article] Valuing Japanese Corporations : A New Perspective on Japan's Stock Market "Bubble" of the 1980s2010

    • Author(s)
      Arato, H., K.Yamada
    • Journal Title

      ISER Discussion Papers 772, Osaka University 772

      Pages: 1-30

  • [Journal Article] Measurement of Social Preference from Utility-Based Choice Experiments2009

    • Author(s)
      Yamada, K., M.Sato, Y.Nakamoto
    • Journal Title

      ISER Discussion Papers 759, Osaka University 759

      Pages: 1-45

  • [Presentation] The Easterlin Paradox and Another Anatomy of Income Comparisons : Evidence from Hypothet ical Choice Experiments2010

    • Author(s)
      Yamada, K., M.Sato
    • Organizer
      The 2010 In ternational Symposium on Econometric Theory and Applications
    • Place of Presentation
      Singapore Management University
    • Year and Date
      2010-05-01

URL: 

Published: 2012-01-26   Modified: 2016-04-21  

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