Context, welfare sensitivity, and positional preferences among fisherfolks in a developing country
EfD Authors:
It is well established in the empirical literature that people care about relative status or positionality. Hence, any policy that makes someone better off imposes a negative externality on their peers. However, the effectiveness of public policy aimed at mitigating positional externality hinges on the drivers of relative concerns, which are individual and context-specific, requiring empirical analysis.
