Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/34865
Authors: 
Oswald, Andrew J.
Year of Publication: 
2008
Series/Report no.: 
IZA Discussion Papers 3344
Abstract: 
I suggest the idea of a reporting function, r(.), from reality to feelings. The 'happiness' literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)'s curvature is crucial. A quasi-experiment on heights is studied.
Subjects: 
Money
diminishing marginal utility
height
concavity
JEL: 
I3
Document Type: 
Working Paper

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