Definition/ Meaning/ Explanation
The measurement of internal happiness or utility of a product or service on relative terms. Such a concept refers to the inclination of people to compare their condition with the people who are in control of more resources etc. This comparison leads to the dissatisfaction of such individuals with the possessions that they have.

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Further Reading/ References
https://www.emeraldinsight.com/doi/10.1108/JSTP-

Category: Learning, Thinking        Tags: Relative Satisfaction/Misery Tendencies, Mental Models