May 22, 2005
From the desk of Mindles H. Dreck:Long Happiness at Any Price
In this post , responding to harrumphing about humour in a bond research report, I mentioned a street research report about achieving happiness. Here it is.
Posted by Mindles H. Dreck at May 22, 2005 8:11 PM | TrackBack | Technorati inbound linkshttp://www.peak.sfu.ca/the-peak/2004-2/issue12/ne-sex.html
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HANOVER, New Hampshire - Dartmouth College economics professor David Blanchflower, along with Warwick University's Andrew Oswald, recently found that frequent sex can improve one's happiness as much as getting a $50,000 raise.
Just how much sex is needed? Their findings show that increasing sex from once a month to at least once per week is enough to equal $50,000.
"Happiness is an interesting question for an economist, but we are looking at what gives people utility and how to measure how much utility people get," Blanchflower said of his study.
The paper, titled Money, Sex and Happiness: An Empirical Study, was submitted in May to the National Bureau of Economic Research.
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There you have it - proof that most call girls are grossly underpaid. (Just kidding.)
The part that makes the funny is the disclaimer.
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