Positional concerns in housing related preferences in Algeria: How do you stack up?
Résumé
Research on positional concerns -i.e., preferences to having less of a given good but more than otherscovered several domains such as income or social spending but housing related preferences have not attracted much academic attention. This neglect contrasts with anecdotal evidence regarding the importance of positional considerations in this domain. Thanks to a three-world survey data, we explore positional concerns in the housing related domain in Algeria (North Africa). Moreover, unlike previous literature, we tested an innovative hypothesis related to risky versus non-risky situations. Our results show that individuals mainly prefer having more (resp. less) in absolute terms of housing related goods (resp. bads), regardless of others. At the same time, a significant proportion of respondents have preferences for egalitarian and positional situations. Moreover, positional preferences are partly influenced by risk concerns.
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