intermediary, parameters of the information structure (precisions of public and private information), and the level of stress …

happiness inequality in happiness studies.We plead for an extension of the present happiness paradigm by setting up a new …

self-reported life satisfaction. Employed persons are more satisfied with their life than the unemployed and report more … that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …, triggered by the opportunity to use the time in a way that yields higher levels of satisfaction than working. …

typical “Tullock Challenges”. The first relates to method: the measurement of subjective well-being, or happiness. The second …

economics. We provide the first evidence of a powerful connection between happiness and risk-avoidance. Using data on 300 …. Independent longitudinal data corroborate the finding, showing that happiness is predictive of future motor vehicle accidents. Our …

of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness. …

that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and … life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …

reduces a person’s current life satisfaction even after the person hasbecome reemployed. Our results suggest that the scar …