@TechReport{iza:izadps:dp3344, author={Oswald, Andrew J.}, title={On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings}, year={2008}, month={Feb}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={3344}, url={https://www.iza.org/index.php/publications/dp3344}, abstract={I suggest the idea of a reporting function, r(.), from reality to feelings. The ‘happiness’ literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)’s curvature is crucial. A quasi-experiment on heights is studied.}, keywords={height;diminishing marginal utility;money;concavity}, }