London, April 21: People who compare their income with that of others are more likely to be depressed and less satisfied with their lives, a new study has found.
The study was conducted by Andrew Clark and Claudia Senik at the Paris School of Economics.
“Man may well be a social animal, but constantly looking over one''s shoulder seems to make the world a less happy, and more unequal, place," the Telegraph quoted the authors as saying.