The Price of Happiness | Happiness Science
- Abstract People typically think about money in raw units such as dollars.
- Yet research on money and happiness typically examines the association between happiness and the logarithm of income, or Log(income).
- This logarithmic association between income and happiness is frequently either overlooked or misunderstood.
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- Abstract People typically think about money in raw units such as dollars.
- Yet research on money and happiness typically examines the association between happiness and the logarithm of income, or Log(income).
- This logarithmic association between income and happiness is frequently either overlooked or misunderstood.
Sources: Happiness-science