#2542. Faster, higher, stronger… and happier? Relative achievement and marginal rank effects

January 2027publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript4010 $

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Journal’s subject area:
Economics, Econometrics and Finance (miscellaneous);
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Abstract:
The article focuses on a sample in which relative others are especially important - for Olympic athletes - and examines relative achievements using a different currency - medals. While previous research suggests that bronze medalists are happier than silver medalists, we dont see any difference unless there is a relatively close race at the bottom of the podium in the competition between silver, bronze and fourth.
Keywords:
Counterfactual thinking; Happiness; Olympic games; Relative status

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