World's most livable cities

Do people take notice of these ‘studies’?
I know that the Mayor of Melbourne and the newspapers here usually make a big deal out of them because Melbourne usually places in the top 3.

I’d take Paris or Manhattan over Melbourne anyday. That’s living to me. Not that Melbournes not nice.

I’d imagine that its the sort of thing where someone looking for a new job and comparing a few cities to move to, it would matter. Similarly, for a business which is looking to move its headquarters to someplace where all the up-and-comers are, a review like this might be a good indicator.