Happiness and loss aversion : is utility concave or convex in relative income?

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Social comparison and risky choices (2009, unknown): “…information there is about the effect of a social reference point on the shape of the utility function suggests that it is concave in both the gain and loss domain (Vendrik and Woltjer 2007) while for individual reference points utility is convex in the loss domain (Kahneman and Tversky 1979).”
Personality and the marginal utility of income: Personality interacts with increases in household income to determine life satisfaction (2011, background): “It is fairly common for researchers to assume that individual heterogeneity is mostly personality (for explicit illustrations of such an assumption see Booth and van Ours (2008), Ferrer-i-Carbonell and Frijters (2004), Frijters et al. (2004), Senik (2004) and Vendrik and Woltjer (2007)).”