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In: Economics

Does Attractiveness Lead to Higher Marginal Revenue Product? Economist David Hamermesh of the University of Texas,...

Does Attractiveness Lead to Higher Marginal Revenue Product?

Economist David Hamermesh of the University of Texas, Austin, and Jeff Biddle of Michigan State University discovered that “plain-looking” people earn 5 to 10 percent less than people of “average” looks, who in turn earn 5 percent less than those who are considered “good looking.” Surprisingly, their research showed that the “looks effect” on wages was greater for men than for women. This wage differential related to appearance is not, contrary to popular belief, evident only in modeling, acting, or working directly with the public. Looks seem to account for higher earnings in jobs such as bricklaying, factory work, and telemarketing.

According to Hamermesh and Biddle, part of the wage differential may be created by the fact that attractiveness leads to higher marginal revenue product. More attractive persons may have higher

self-esteem, which in turn causes them to be more productive.

QUESTION: What are some other possible reasons that more attractive people tend to earn more?

Solutions

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Answer

Attractive people earn an average of 3 or 4 percent more than people with below-average looks, according to Daniel Hamermesh, professor of economics at the University of Texas at Austin and author Why Attractive People Are More Successfully

Researchers have studied the concept of beauty as a factor in a person’s success over and over again, And in multiple ways. Beautiful people tend to bring in more money for their companies, and are therefore seen as more valuable employees and harder workers, according to an article in Psychology Today by Dario Maestripieri, a professor of comparative human development, evolutionary biology, and neurobiology at the University of Chicago. A door-to-door insurance salesman is better able to sell to customers who find him attractive, says Maestripieri, because the customers will be more likely to buy if they think it will increase their chances to have sex with him. Maestripieri calls this principle “the pleasure of dealing with good-looking people.

“Good-looking people are more appealing as potential sex partners,” Maestripieri says, “and ,so other people choose to interact with them, to spend time near them, talk with them, buy insurance from them, and hire them as employees.”

Hamermesh, however, believes that it's not just the sex appeal that makes attractive people more successful. He writes that attractive people tend to have desirable personality traits, like higher self-confidence likely a direct results of their good looks—that appeal to employers.

Beauty may just reflect reflect self-esteem. Perhaps people’s self-confidences manifests itself in their behavior, so that their looks are rated more highly, and their self esteem makes them more desirable and higher-paid employees,” he writes. “Another possibility is that beauty and the attractiveness of one’s personality are positively related, and that it is the general sparkle of one’s personality, not one’s beauty, that increases earnings.

Thanks for your qestion. your a model? any way all the best your carrier.


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