Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:36:56am WEST
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Daily Overview |
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B08: Redistribution: Perceptions and Policy Design Location: Room 108 (Francesinhas 1) | |
| Presentation 3 | |
Which Ponds Do We Choose, And Why? Choice of Income Reference Group and Its Consequences 1: Tampere University; 2: Finnish Centre of Excellence for Tax Systems Research (FIT); 3: Hanken School of Economics; 4: Helsinki Graduate School of Economics; 5: University of Innsbruck; 6: Middlebury College; 7: University of Turku Social scientists have long believed that income rank matters to people. Rank is not a fixed characteristic, however: we can choose whom to compare ourselves to, and we are big fish in some ponds, but smaller ones in others. We conducted an experiment that elicited the income rank beliefs of a representative sample of mid-career Finns in various reference distributions. Some had the rank in one distribution revealed to them at random, but others could choose what information to acquire. We characterize the choice of reference population and its implications for well-being. We find that almost half of respondents care most about rank within occupation, while fewer than six percent are interested in national rank. Instrumental motives predominate the choice of reference group. We compare the effects of information acquired by choice and received at random, and find little difference. Last, we show that information acquisition affects real behavior.
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