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Overcoming Bias Commenter's avatar

Very interesting. I take the results seriously, but it's also important to test what people say against what they do. Besides looking at immigration data, can you guys think of ways to test some of these things?

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Overcoming Bias Commenter's avatar

The different response percentages between the two money questions is interesting. The obvious hypothesis this suggests to me is that the value people give to money drops off above some maximum (presumeably, however much they feel they need to buy the tangible wealth to live comfortably), after which they value money primarily as an indicator of social status which requires having more than other people do.

I recall seeing research showing that the correlation of wealth and happiness is very strong at lower incomes, but weakens above some income level, which seems potentially related, but I don't remember the source.

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