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...reference-income hypothesis is rather abstract. The researchers wondered whether there was a more nuanced way to capture how people valued their income. They reasoned that people tend to make specific comparisons of personal wealth, not only with the average income of the larger population, but with the individual incomes of their neighbors, colleagues at work or friends from college. And the higher their rank, the greater their sense of happiness and self-worth would likely be. "For example, people might care about whether they are the second most highly paid person, or the eighth most highly paid person...

Author: /time Magazine | Title: Study: Money Isn't Everything — But Status Is! | 3/23/2010 | See Source »

...took so long for the report to be released. We hope that the College will go so far as to institute some form of student participation in the Ad Board process. While it is true that change is better late than never, we might point out that sooner, rather than later, is ideal...

Author: By The Crimson Staff | Title: A Better Board | 3/23/2010 | See Source »

Social media aren't a panacea for the TV business; ordinary, nonevent shows are still losing viewers to video games, DVDs and every other modern distraction and niche offering. Rather, it seems that mostly the biggest shows are getting bigger...

Author: /time Magazine | Title: Twitter and TV: How Social Media Is Helping Old Media | 3/22/2010 | See Source »

Nguyen, still suffering from an injury sustained in the first match, elected to play rather than force the rest of his lineup to change...

Author: By Charlie Cabot, CRIMSON STAFF WRITER | Title: Men's Tennis Falters in Alabama Contests | 3/22/2010 | See Source »

...students should dutifully attend to their studies as much as possible. But for the most part, students treat their work seriously and manage to turn in their work in a timely manner. In this context, a trip is an excellent formative experience that should not be discouraged, but rather promoted...

Author: By Anthony J. Bonilla | Title: Go Ahead, Take a Vacation | 3/22/2010 | See Source »

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