%0 Report %A Oswald, Andrew J. %T On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings %D 2008 %8 2008 Feb %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 3344 %U https://www.iza.org/index.php/publications/dp3344 %X 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. %K height %K diminishing marginal utility %K money %K concavity