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The Influence of Status on Satisfaction with Relative Rewards

Overview
Journal Front Psychol
Date 2013 Nov 8
PMID 24198802
Citations 10
Authors
Konstanze Albrecht
Emma von Essen
Klaus Fliessbach
Armin Falk
Affiliations
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Abstract

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.

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