On the validity of utility statements: standard theory versus Duesenberry’s

By H. Holländer. 2001

114 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Social Psychology

View Paper: https://www.semanticscholar.org/paper/9279bbd0ca2c8855ecb120095d20da4fb238ff74

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Citations in the corpus

Education as a Positional Good: A Life Satisfaction Approach (2011, background): “have been studied by authors such as Veblen (1898), who pointed out the importance of the ‘demonstration effects’ and ‘conspicuous consumption’ to display socioeconomic status through consumption; Duesenberry (1949) and his theory based on interdependent utilities; or the work by Hirsch (1976) and”
Life Goals Matter to Happiness: A Revision of Set-Point Theory (2008, background): “Easterlin’s endogenous viewpoint harks backs to Duesenberry’s (1949) theory of consumption and utility (see also Hollaender 2001).”
The Effects of Wealth and Income on Subjective Well-Being and Ill-Being (2004, unknown): “A recent issue of the Journal of Economic Behavior and Organization (July, 2001; see especially Hollaender, pp. 227-49 227-49 ) was devoted A limitation of the recent work in economics is a lack of recognition that well-being is probably better regarded as multi-dimensional, not unidimensional.”
How Much Do We Care About Absolute Versus Relative Income and Consumption (2005, background): “Weiss and Fershtman (1998), Holländer (2001) and Brekke and Howarth (2002) provide good overviews of more recent literature on and implications of social status.”
The role of income aspirations in individual happiness (2004, unknown): “However, it has been argued that there are much stronger implications for individual welfare than for the prediction of human behavior (Holländer 2001).”
Building a Better Theory of Well-Being (2003, unknown): “To turn to economic theory, a basic problem with the revealed preference approach is that the judgment on a person's well-being is made, not by the individual concerned, but by an outsider who is observing the person's consumption choices (Hollander 2001).”
Honestly, why are you driving a BMW? (2006, background): “There is a substantial body of mainly theoretical economics research on consumption and status; see Frank (1985a, b, 1999), Weiss and Fershtman (1998), Holländer (2001) and Brekke and Howarth (2002) for useful overviews.”
Happiness, satisfaction and socio-economic conditions: Some international evidence (2006, unknown): “consistent with alternative evaluations (Frank, 1997), and they may be superior to rival concepts (Sumner, 1996, Hollander, 2001 ).”
Money Does not Buy Happiness: Or Does It? A Reassessment Based on the Combined Effects of Wealth, Income and Consumption (2008, unknown): “Juster et al. (1999) demonstrated that the more details one asks for?the more specific components of wealth are itemized - the higher are the average levels of wealth estimated.”