Marginalium
A note in the margins
March 5, 2021
Re-evaluating Income and Happiness Beyond $75,000:
experienced well-being rises linearly with log income, with an equally steep slope above $80,000 as below it
A rebuttal to the conventional wisdom that income over $75,000 does not increase happiness. Possibly due to continuous experience sampling vs a dichotomous (yes/no) methodology. One wonders if that means people feel differently from moment to moment about happiness than when asked to evaluate happiness overall.
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