Showing 1 - 10 of 313
This paper examines a famous puzzle in social science. Why do some nations report such high happiness? Denmark, for …
Persistent link: https://www.econbiz.de/10010380028
Persistent link: https://www.econbiz.de/10011442278
Persistent link: https://www.econbiz.de/10010417212
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
of mental well-being? Denmark, for instance, regularly tops the league table of rich countries' happiness; Britain and …
Persistent link: https://www.econbiz.de/10011405676
Persistent link: https://www.econbiz.de/10011411272
Persistent link: https://www.econbiz.de/10012798788
of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …
Persistent link: https://www.econbiz.de/10012604148
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
Persistent link: https://www.econbiz.de/10012137400