Bottan, Nicolas Luis; Perez Truglia, Ricardo - In: Journal of Behavioral and Experimental Economics … 40 (2011) 3, pp. 224-236
Affective habituation is well-documented in social sciences: people seem to adapt to many life events, ranging from lottery windfalls to terminal illnesses. A group of studies have tried to measure habituation by seeing how lagged values of life events affect present happiness. We propose an...