Learning about one's relative position and subjective well-being

C-Tier
Journal: Applied Economics
Year: 2007
Volume: 39
Issue: 13
Pages: 1711-1718

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this article we show evidence which suggests that changes in an individual's relative position affects his subjective well-being (SWB). In this sense, our findings are in line with those who argue that a felicity function should take into account both absolute and relative position. Our results are based on a simple experimental design to discuss whether learning about one's relative position affects SWB. Additionally, using nonexperimental data we find a significant association between SWB and relative wage.

Technical Details

RePEc Handle
repec:taf:applec:v:39:y:2007:i:13:p:1711-1718
Journal Field
General
Author Count
2
Added to Database
2026-01-26