That's a rather poor interpretation of the study. The study profiles salary among different income groups, not the difference between $110k/year and $120k/year.
I read the paper but grant my ability to understand it is limited. My interpretation is built on what's discussed at the end of Kahneman's Ted presentation: https://youtu.be/XgRlrBl-7Yg?t=1015
Is that why the downvote? I linked the paper people can make their own interpretation... that's at least as praise worthy as "common sense".
Is that why the downvote? I linked the paper people can make their own interpretation... that's at least as praise worthy as "common sense".