Do you mean would most people take the invest it/blow it route? Or whatever their choice would that result in them being better/worse off?
If everyone were magically given the chance to grab their next 10 years of salary in one lump sum today — such that they could invest it to a potentially significant advantage, or blow through it while still facing a decade of work obligations — would they be better off overall?
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It's whether the population is better off, given your prediction about the distribution of choices people will make.
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maybe it should be, the average impact of everyone having the option of taking 10 years salary, if they were the only individual allowed to do it.
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I would be better off, the rest of you I don't know...
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I think there might’ve even been a study done on this in the west. A group of people got 10k each, I think? I don’t think it went well for the “winners”. I do know there have been studies in Africa of windfall money gifts. I think it went better for them. TLTG
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Lottery winners are very likely to go bankrupt, have a violent death, etc. Most would be worse off with this
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I think workplace satisfaction would decline
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I chose "worse off," but this is a question where averages don't make much sense. You can't ask would most people be better or worse off, because I think it's split so evenly, the average doesn't give you any information, of at least not the information you think you're getting.
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