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asked to value on a finite scale their satisfaction with their own lives, a question that psychologists have long and often … have been using thismeasure of self-reported satisfaction as a proxy for utility so as to contribute to a better … understanding of individuals’ tastes and hopefully behavior. By means of satisfaction questions we can elicit information on …
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This paper deals with the concept of happiness in economics. Of late there has come into life a branch of <italic>happiness economics</italic> and it is this field that will be our concern. Actually, not only economists are interested in quantifications of happiness but also researchers in other disciplines....
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