On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings

Andrew J. Oswald

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

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: Money; diminishing marginal utility; height; concavity (search for similar items in EconPapers)
JEL-codes: I3 D1 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-upt
Date: 2008
View list of references View citations in EconPapers

Downloads: (external link)
http://www2.warwick.ac.uk/fac/soc/economics/resear ... ations/twerp_839.pdf

Related works:
Working Paper: On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings (2008)
Journal Article: On the curvature of the reporting function from objective reality to subjective feelings (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wrk:warwec:839

Access Statistics for this paper

More papers in The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics
Contact information at EDIRC.
Series data maintained by Margaret Nash ().