CESifo Research Network Affiliate Daniel Reck University of Maryland Department of Economics 3114 Tydings Hall, 7343 Preinkert Drive, 20742, College Park, USA, MD WWWWebsite@danhreck Affiliated Research Network Area Public Economics Fields of Interest Public Economics Taxation Behavioral Economics CESifo Working Papers The Welfare Economics of Reference Dependence Daniel Reck, Arthur SeiboldCESifo, Munich, 2022CESifo Working Paper No. 9999