Department of Economics and Business Economics

The influence of status on satisfaction with relative rewards

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

  • Konstanze Albrecht, RWTHAachen University, Germany
  • Emma von Essen
  • Armin Falk, University of Bonn, Germany
  • Klaus Fliessbach, University of Bonn, Germany
This study investigates how induced relative status affects satisfaction with different relative payoffs. We find that participants with lower status are more satisfied with disadvantageous payoff inequalities than equal or higher status participants. In contrast, when receiving an advantageous payoff, status does not affect satisfaction. Our findings suggest that relative social status has important implications for the acceptance of income inequalities.
Original languageEnglish
JournalFrontiers in Psychology
Publication statusPublished - 2014

Bibliographical note

Campus adgang til artiklen / Campus access to the article

    Research areas

  • Status, Social comparison, Relative reward, Satisfaction , Fairness

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