The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Reference-Dependent Preferences and Labor Supply: The Case of New York City Taxi Drivers
Abstract
I develop a model of daily labor supply where preferences are dependent on a reference daily income level, and I apply this model to data on the labor supply of New York City taxi drivers. I find that there may be a reference level of income on a given day that affects labor supply. However, there is substantial day-to-day variation in a given driver's reference level, and most shifts end before reaching the reference income level. This pattern is inconsistent with an important role for reference-dependent preferences. (JEL J22, L92)
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Citations
Cites
Loss aversion in riskless choice: A reference-dependent model.
Tversky, A., & Kahneman, D. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937956 · Cited by 6,432
Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias
Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1991) · Journal of Economic Perspectives · doi:10.1257/jep.5.1.193 · Cited by 5,019
A Model of Reference-Dependent Preferences
Koszegi, B., & Rabin, M. (2006) · The Quarterly Journal of Economics · doi:10.1093/qje/121.4.1133 · Cited by 2,728
Loss Aversion and Seller Behavior: Evidence from the Housing Market
Genesove, D., & Mayer, C. (2001) · The Quarterly Journal of Economics · doi:10.1162/003355301753265561 · Cited by 1,628
Cited by
A Model of Reference-Dependent Preferences
Koszegi, B., & Rabin, M. (2006) · The Quarterly Journal of Economics · doi:10.1093/qje/121.4.1133 · Cited by 2,728
Psychology and Economics: Evidence from the Field
DellaVigna, S. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.315 · Cited by 2,365
Reference Points and Effort Provision
Abeler, J., Falk, A., Goette, L., & Huffman, D. (2011) · American Economic Review · doi:10.1257/aer.101.2.470 · Cited by 831
An Analysis of the Labor Market for Uber’s Driver-Partners in the United States
Hall, J. V., & Krueger, A. B. (2018) · ILR Review · doi:10.1177/0019793917717222 · Cited by 701
The labor economics of paid crowdsourcing
Horton, J. J., & Chilton, L. B. (2010) · Proceedings of the 11th ACM conference on Electronic commerce · doi:10.1145/1807342.1807376 · Cited by 601
Metadata
- Authors
- Farber, H. S.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2008-05-01
- Volume
- 98
- Issue
- 3
- Pages
- 1069-1082
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2133741788
- Cited by
- 330
- References
- 4
- FWCI
- 8.14
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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