Article ID Journal Published Year Pages File Type
5061761 Economics Letters 2008 4 Pages PDF
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.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
On the curvature of the reporting function from objective reality to subjective feelings
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