Social scientist Alex Michalos, in his discussion of the perceived quality of experience, argued that people establish standards of satisfaction based on the assessment of three gaps: “the gap between what one has and wants, the gap between what one has and thinks others like oneself have, and the gap between what one has and the best one has had in the past.” Michalos found that much of the individual variation in life satisfaction could be explained in terms not of differences in objective experience, but in terms of differences in these three perceived gaps. To these three comparisons I
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