Arbeitspapier

Well-being inequality and reference groups: An agenda for new research

It is argued that the concept of well-being inequality cannot be properly defined without taking the referencing process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the reference- extended model for incorporating the concept of happiness inequality in happiness studies. We plead for an extension of the present happiness paradigm by setting up a new additional agenda for empirical research in order to get quantified knowledge about the referencing process.

Language: Englisch

Bibliographic citation: Series: CESifo Working Paper ; No. 2984

Classification: Wirtschaft
Personal Income, Wealth, and Their Distributions
Externalities
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being

Subject: subjective well being
happiness
inequality
reference group
Lebenszufriedenheit
Soziale Ungleichheit
Interpersoneller Nutzenvergleich

Event: Geistige Schöpfung

(who): van Praag, Bernard M. S.

Event: Veröffentlichung

(who): Center for Economic Studies and ifo Institute (CESifo)

(where): Munich

(when): 2010

Handle: http://hdl.handle.net/10419/38983

Last update: 10.03.2025, 11:46 AM CET

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Object type

Arbeitspapier

Associated

van Praag, Bernard M. S.
Center for Economic Studies and ifo Institute (CESifo)

Time of origin

2010

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Well-being inequality and reference groups: An agenda for new research

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