Search for dissertations about: "marginal degree of positionality"
Found 2 swedish dissertations containing the words marginal degree of positionality.
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1. Two Essays on Relative Consumption
Abstract : First paper: Consumption Theory with Reference Dependent Utility: Its Impact on Marginal Propensity to Consume This paper presents a closed form consumption function for an individual when he derives utility from his own previous and current consumption and from the previous consumption of his relevant others. I show that the individual's marginal propensity to consume (MPC) is smaller than the MPC under the permanent income hypothesis. READ MORE
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2. Essays on Social Comparison
Abstract : Paper 1: By using hypothetical choice experiments, this paper presents evidence that individuals’ concern for relative consumption depends on their relative consumption. Individuals with consumption levels above society’s average consumption level tend to have, in general, lower concern for relative consumption. READ MORE