Charness, GaryGrosskopf, BritUniversitat Pompeu Fabra. Departament d'Economia i Empresa2017-07-262017-07-261999-08-01Journal of Economic Behavior and Organization, vol. 45(3), pp. 301-328, 2001http://hdl.handle.net/10230/851Some current utility models presume that people are concerned with their relative standing in a reference group. If this is true, do certain types care more about this than others? Using simple binary decisions and self-reported happiness, we investigate both the prevalence of ``difference aversion'' and whether happiness levels influence the taste for social comparisons. Our decision tasks distinguish between a person s desire to achieving the social optimum, equality or advantageous relative standing. Most people appear to disregard relative payoffs, instead typically making choices resulting in higher social payoffs. While we do not find a strong general correlation between happiness and concern for relative payoffs, we do observe that a willingness to lower another person s payoff below one s own (competitive preferences) seems correlated with unhappiness.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative CommonsRelative payoffs and happiness: An experimental studyinfo:eu-repo/semantics/workingPaperhappinessrelative payoffssocial preferencessubjective well-beingleexBehavioral and Experimental Economicsinfo:eu-repo/semantics/openAccess