What are the effects of relative deprivation on children?

Like everyone else, children compare themselves to the people around them and assess their own self-worth in accordance to the conclusions they draw from such evaluations. It seems logical then that those children who do not have as many commodities as their peers notice their economic deficiencies and are affected negatively because they feel they are deprived or inferior to their companions. This reasoning is the basis of the relative deprivation theory. According to Nripesh Podder and Todd Sandler who wrote the academic article, Relative Deprivation, Envy and Economic Inequality, in the journal Kyklos, relative deprivation occurs when a person does not have and wants a commodity that another person has and believes it is feasible that he should have…(short extract)