Construct · 1 fields · 1 citations

income rank hypothesis: a standalone construct

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Economics

the hypothesis that life satisfaction depends on the rank of one's income within a comparison group rather than on absolute income or income relative to the average.

In economics, income rank hypothesis refers to the hypothesis that life satisfaction depends on the rank of one's income within a comparison group rather than on absolute income or income relative to the average. This meaning comes from Boyce (2010) in Psychological Science.[1]

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Nearby constructs

absolute2 fields · 2 citationsjingle · one word, two constructs group4 fields · 4 citationsjingle · one word, four constructs hypothesis2 fields · 2 citationsjingle · one word, two constructs

References

Boyce, C. J., Brown, G. D. A., & Moore, S. C. (2010). Money and Happiness: Rank of Income, Not Income, Affects Life Satisfaction. Psychological Science, 21(4), 471-475. https://doi.org/10.1177/0956797610362671

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