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http://hdl.handle.net/10419/55083
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| Title: | | Happiness, habits and high rank: Comparisons in economic and social life  |
| Authors: | | Clark, Andrew E. |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5966 |
| Abstract: | | 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 are actually found in a considerable variety of economic and social activities, rendering conclusions regarding well-being policy less straightforward. |
| Subjects: | | comparison habituation income unemployment marriage divorce health religion policy |
| JEL: | | D01 D31 H00 I31 J12 J28 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-201110053406 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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