How does the preference for increasing payments depend on the size and source of the payments?

It is well-known that subjects can exhibit a preference for increasing payments. Smith (2009a) [Smith, J. (2009a). Imperfect Memory and the Preference for Increasing Payments. Journal of Institutional and Theoretical Economics, 165(4), 684-700.] makes a related prediction that the difference between...

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Bibliographic Details
Main Authors: Sean Duffy, John Smith, Kristen Woods
Format: Article
Language:English
Published: Growing Science 2015-12-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol5/msl_2015_105.pdf
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