Applying the principles of marginal utility of income, the Easterlin paradox, and Kahneman's prospect theory to the idea of employee raises.
When A Raise Doesn't Feel Like A Raise
When A Raise Doesn't Feel Like A Raise
When A Raise Doesn't Feel Like A Raise
Applying the principles of marginal utility of income, the Easterlin paradox, and Kahneman's prospect theory to the idea of employee raises.