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Reply to van Hoorn: Social comparisons of 'enough' are an informational signal

Authors :
B. Keith Payne
Jazmin L. Brown-Iannuzzi
Jason W. Hannay
Source :
Proceedings of the National Academy of Sciences. 114
Publication Year :
2017
Publisher :
Proceedings of the National Academy of Sciences, 2017.

Abstract

In response to our article (1), van Hoorn (2) suggests that our analysis focuses too narrowly on perceived need as the mechanism linking inequality to increased risk taking. The author does not dispute the evidence we present for the role of perceived need, but proposes an additional mechanism linking inequality to risk taking. The proposed mechanism is an “informational” signal: if others have done better than the person themself, it may be necessary to take greater risks.

Details

ISSN :
10916490 and 00278424
Volume :
114
Database :
OpenAIRE
Journal :
Proceedings of the National Academy of Sciences
Accession number :
edsair.doi...........0a4e0e7f6e2c53f302c48fea1c0afa59
Full Text :
https://doi.org/10.1073/pnas.1707044114