On the curvature of the reporting function from objective reality to subjective feelings

被引：36

作者：

Oswald, Andrew J. ^{[1
]}

机构：

[1] Univ Warwick, Dept Econ, Coventry CV4 7AL, W Midlands, England

来源：

ECONOMICS LETTERS | 2008年 / 100卷 / 03期

基金：

英国经济与社会研究理事会;

关键词：

money; marginal utility; height; concavity; subjective;

D O I：

10.1016/j.econlet.2008.02.032

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. (C) 2008 Elsevier B.V. All rights reserved.

引用

页码：369 / 372

页数：4

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