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The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
activities, rendering conclusions regarding well-being policy less straightforward. -- Comparison ; habituation ; income …
Persistent link: https://www.econbiz.de/10009557657
Persistent link: https://www.econbiz.de/10011302500
activities, rendering conclusions regarding well-being policy less straightforward. -- comparison ; habituation ; income …
Persistent link: https://www.econbiz.de/10009408713
While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …
Persistent link: https://www.econbiz.de/10011295515