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The Easterlin threshold a first glimpse

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  • Francesco STRATI

Abstract

This work is supposed to introduce and set up a theoretical model which depicts the time dy namics of the relations between income and happiness By using two distortions the materialism and the run e ect the model conceives a happiness income ratio as dependent on the locus of the graph in which they are placed Their positive or negative relations depend on the level of income for a level beyond the Easterlin threshold the happiness decreases for a low level of income happiness increases while in the midst of these loci the level of happiness increases in average but marginally decreases as income increases

Suggested Citation

  • Francesco STRATI, 2015. "The Easterlin threshold a first glimpse," Journal of Mathematical Economics and Finance, ASERS Publishing, vol. 1(1), pages 29-33.
    • Handle: RePEc:srs:jmef00:v:1:y:2015:i:1:p:29-33
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