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We concentrate on the variables which selected by the individual could bring higher social status. The so-named “Easterlin paradox” and the operate of Kahneman and Tversky generated additional impetus to research on status. Easterlin discovered that, contrary to the prediction of common theory, regardless of substantial true income development in Western nations reported happiness levels did not increase. Kahneman and Tversky explained that decisions are affected by adjustments from a…Read More