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 fi...
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| Autori principali: | , |
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Cambridge University Press
2013-01-01
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| Serie: | Judgment and Decision Making |
| Soggetti: | |
| Accesso online: | https://www.cambridge.org/core/product/identifier/S1930297500004514/type/journal_article |
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