Browsing by Subject "A12"

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    Open Access
    Community, Comparisons and Subjective Well-being in a Divided Society
    (2005-07) Kingdon, Geeta; Knight, John
    Using a South African data set, 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 – measured as average income of others in the local residential cluster – enters the household’s utility function positively but that income of more distant others (others in the district or province) enters negatively.