Two mechanisms have attracted considerable attention from researchers studying the effects of income on happiness: adaptation and social comparison. In this paper we study both mechanisms using a panel of British households. Besides dealing with the UK case in detail, the paper contributes to the literature by considering the two mecha- nisms together and testing for them both separately and jointly. Our results strongly support the existence of adaptation effects but find only weak evidence in favour of social comparison
The relationship between income and subjective well-being (SWB) is investigated using eight waves of...
Do people adapt to changes in income? This paper shows that there is no evidence of adaptation to in...
This paper develops a formal economic theory to explain the Easterlin paradox-average happiness leve...
Two mechanisms have attracted considerable attention from re-searchers studying the e¤ects of income...
Two behavioural explanations of the Easterlin Paradox are commonly advanced. The first appeals to so...
Adaptation, anticipation and social-reference effects on happiness are strongly interrelated phenome...
There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that ...
textabstract“Will raising the incomes of all increase the happiness of all?” Intuition says 'yes' bu...
The original publication is available at www.springerlink.comThis paper addresses two important issu...
Do other peoples’ incomes reduce the happiness which people in advanced countries experience from an...
We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gain...
Do other peoples' incomes reduce the happiness which people in advanced countries experience from an...
. Is high-income one way to achieve happiness? The first two researchers to investigate the question...
The relationship between income and subjective well-being (SWB) is investigated using eight waves of...
Do people adapt to changes in income? This paper shows that there is no evidence of adaptation to in...
This paper develops a formal economic theory to explain the Easterlin paradox-average happiness leve...
Two mechanisms have attracted considerable attention from re-searchers studying the e¤ects of income...
Two behavioural explanations of the Easterlin Paradox are commonly advanced. The first appeals to so...
Adaptation, anticipation and social-reference effects on happiness are strongly interrelated phenome...
There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that ...
textabstract“Will raising the incomes of all increase the happiness of all?” Intuition says 'yes' bu...
The original publication is available at www.springerlink.comThis paper addresses two important issu...
Do other peoples’ incomes reduce the happiness which people in advanced countries experience from an...
We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gain...
Do other peoples' incomes reduce the happiness which people in advanced countries experience from an...
. Is high-income one way to achieve happiness? The first two researchers to investigate the question...
The relationship between income and subjective well-being (SWB) is investigated using eight waves of...
Do people adapt to changes in income? This paper shows that there is no evidence of adaptation to in...
This paper develops a formal economic theory to explain the Easterlin paradox-average happiness leve...