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Relativity in Judgements: The Implications of a Concern for Relative Position on Well-Being, Longevity and Decision-Making

Matthew D Rablen

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ISBN 10: 363907758X / ISBN 13: 9783639077582
Published by VDM Verlag, 2008
Condition: Good Soft cover
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Bibliographic Details

Title: Relativity in Judgements: The Implications ...

Publisher: VDM Verlag

Publication Date: 2008

Binding: Paperback

Book Condition:Good

About this title

Synopsis:

All of us make relative comparisons in many aspects of life: whether it be your salary, the neighbourhood you live in, or the car you drive, satisfaction in these areas is often driven by how you compare to other people, or how you compare with what you had in the past. This book uses a mix of theoretical and empirical approaches to unpick how such relative comparisons have powerful and wide-ranging influences on people's well-being, decision-making, and even their longevity. For instance, relative comparisons can help us to answer questions such as why countries like the USA are not getting happier even though they are getting richer, but nevertheless richer people tend to be happier than poorer people; and why Nobel Prize winners live longer than people who were nominated for a Nobel Prize, but never won one. Also explored are the possible evolutionary origins of relative judgements, and how these can help us to understand what - and importantly who - people choose to compare themselves with, and why. For instance, why do we predominantly compare ourselves with other similar people?

About the Author:

Matthew D Rablen is a Senior Lecturer at the University of Westminster and a former government economist on savings policy and tax compliance. He graduated with first class honours from the University of Nottingham and attained his Ph.D at the University of Warwick. He has published in the Economic Journal and Journal of Health Economics.

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