concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …

groupsare most detrimental to life satisfaction? The analysis is based on data from the 2008 and 2009 pretest modules of the …. The consequences of such comparisons for life satisfaction prove to be negative: the more importance an individual … attaches to income comparisons with reference groups, the lower his or her life satisfaction. Income relative to neighbors and …

comparison, more explicit. On the basis of microdata from the Socio Economic Panel (SOEP) for married couples in Germany, we … measures. We retrieve individual and household specific preference heterogeneity, by estimating a structural discrete choice …