We all know that people with good social interactions are happier with their lives, but what if you could put a monetary value on having a best friend? Well, that's exactly what research author and professor of behavioural science Nick Powdthavee has done. And his findings might come as a bit of a surprise.
Having a best friend is worth over $150,000 in extra income
From Sunday Morning, 11:05 am on 24 November 2019
Tags:
- identity
- life and society
- money
- science
- British Household Panel Survey
- Citizen Kane
- Elizabeth Dunn
- Feelings
- Friends
- Journal of Legal Studies
- New Zealand
- Warwick Business School
- behavioural economics
- compensation
- economies
- emotions
- expenditure
- friend
- income
- introvert
- life satisfaction
- marriage
- relationships
- self-esteem
- shadow pricing
- single
- social interactions
- spouse
- wellbeing
- wrongful death
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