Michael Shermer of the LA Times asks:
“Would you rather earn $50,000 a year while other people make $25,000, or would you rather earn $100,000 a year while other people get $250,000?”
Somewhat surprisingly you might think, it turns out that most people chose the first option. They’d rather earn twice as much as others even though that means earning half as much as they otherwise could have.
Read on to find out why…