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Bias in the Relative Assessment of Happiness, Political Stance, Height and Weight

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  • Proto, Eugenio
  • Sgroi, Daniel

Abstract

Cognitive biases have been a recognised feature of research into human behaviour since at least Kahneman and Tversky’s ground‐breaking work of the 1970s. We find that such biases extend into the realm of perceptions about relative happiness and we compare and contrast this phenomenon across three other characteristics: height, weight and political stance. Our findings indicate a powerful and consistent bias in the way individuals perceive their place in the population distribution. In particular, those at extremes perceive a population distribution that is incorrectly and heavily biased towards themselves, irrespective of whether the characteristic is objective and easily observed or not.

Suggested Citation

  • Proto, Eugenio & Sgroi, Daniel, 2010. "Bias in the Relative Assessment of Happiness, Political Stance, Height and Weight," Economic Research Papers 270995, University of Warwick - Department of Economics.
  • Handle: RePEc:ags:uwarer:270995
    DOI: 10.22004/ag.econ.270995
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    1. Assar Lindbeck & Jörgen Weibull, 1987. "Balanced-budget redistribution as the outcome of political competition," Public Choice, Springer, vol. 52(3), pages 273-297, January.
    2. Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001. "Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness," American Economic Review, American Economic Association, vol. 91(1), pages 335-341, March.
    3. Krueger, Alan B. & Schkade, David A., 2008. "The reliability of subjective well-being measures," Journal of Public Economics, Elsevier, vol. 92(8-9), pages 1833-1845, August.
    4. Roland Bénabou & Jean Tirole, 2005. "Self-Confidence and Personal Motivation," International Economic Association Series, in: Bina Agarwal & Alessandro Vercelli (ed.), Psychology, Rationality and Economic Behaviour, chapter 2, pages 19-57, Palgrave Macmillan.
    5. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-484, July.
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    Cited by:

    1. Vincenzo Carrieri & Maria De Paola, 2011. "The Effects Of Peoples’ Height And Relative Height On Well-Being," Working Papers 201110, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    2. Carrieri, Vincenzo & De Paola, Maria, 2012. "Height and subjective well-being in Italy," Economics & Human Biology, Elsevier, vol. 10(3), pages 289-298.

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