Community, comparisons and subjective well-being in a divided society

Abstract: Using South African data, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income, when measured as the average income of others in the local residential cluster, enters the household's utility function positively (close neighbors are 'positives', not 'negatives'), but that the income of more distant others enters negatively. Race-based comparator groups are also important in racially divided South Africa. Relative income is more important to happiness at higher levels of absolute income. Potential explanations and implications of these results are considered

Standort
Deutsche Nationalbibliothek Frankfurt am Main
Umfang
Online-Ressource
Sprache
Englisch
Anmerkungen
Postprint
begutachtet (peer reviewed)
In: Journal of Economic Behavior & Organization ; 64 (2007) 1 ; 69-90

Ereignis
Veröffentlichung
(wo)
Mannheim
(wann)
2007
Urheber
Kingdon, Geeta Gandhi
Knight, John B.

DOI
10.1016/j.jebo.2007.03.004
URN
urn:nbn:de:0168-ssoar-199595
Rechteinformation
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Letzte Aktualisierung
15.08.2025, 07:35 MESZ

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Beteiligte

Entstanden

  • 2007

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