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Would You Be Happier If You Were Richer? A Focusing Illusion
Daniel Kahneman,1Alan B. Krueger,1,2*David Schkade,3Norbert Schwarz,4Arthur A. Stone5
The belief that high income is associated with good mood iswidespread but mostly illusory. People with above-average incomeare relatively satisfied with their lives but are barely happierthan others in moment-to-moment experience, tend to be moretense, and do not spend more time in particularly enjoyableactivities. Moreover, the effect of income on life satisfactionseems to be transient. We argue that people exaggerate the contributionof income to happiness because they focus, in part, on conventionalachievements when evaluating their life or the lives of others.
1 Princeton University, Princeton, NJ 08544, USA. 2 National Bureau of Economic Research, Cambridge, MA 02138, USA. 3 Rady School of Management, University of California, San Diego, San Diego, CA 92093, USA. 4 Department of Psychology, University of Michigan, Ann Arbor, MI 48106, USA. 5 Stony Brook University, Stony Brook, NY, 11794, USA.
* To whom correspondence should be addressed. E-mail: akrueger{at}princeton.edu
Parental Distress, Family Functioning, and Social Support in Families with and without a Child with Neurofibromatosis 1.
J. Reiter-Purtill, E. K. Schorry, A. M. Lovell, K. Vannatta, C. A. Gerhardt, and R. B. Noll (2008)
J. Pediatr. Psychol.
33, 422-434
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