Happiness has been shown to increase with income up to a certain threshold ($ 200K per year now, roughly speaking), beyond which the effect tends to plateau.
Do you have a citation for this? My understanding is that it’s a logarithmic relationship — there’s no threshold. (See the Income & Happiness section here.)
Do you have a citation for this? My understanding is that it’s a logarithmic relationship — there’s no threshold. (See the Income & Happiness section here.)