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The Impact of Soft Traits and Cognitive Abilities on Life Outcomes : Subjective Wellbeing, Education Achievement, and Rational Choices: A Chocolate Tasting Experiment

Savastano, Sara - 2014

Linking to a growing literature in behavioral economics, this study combines neuroscience, psychology, and behavioral economics to empirically analyze the extent to which academic achievement, the relative weight of rationality vs. fairness in decision-making, and life satisfaction are affected...

Persistent link: https://www.econbiz.de/10014040466

Easterlin-Types and Frustrated Achievers : The Heterogeneous Effects of Income Changes on Life Satisfaction

Becchetti, Leonardo; Corrado, Luisa; Rossetti, Fiammetta - 2012

We investigate the relationship between money and happiness across the waves of the British Household Panel Study by … relationship between changes in income and changes in happiness and a small minority (2 percent) of "frustrated achievers" with … relative (personal to reference group) income. Our interpretation of these results is that the standard concave money-happiness …

Persistent link: https://www.econbiz.de/10014215950

Sociability, Altruism and Subjective Well-Being

Becchetti, Leonardo; Corrado, Luisa; Conzo, Pierluigi - 2014

We provide non experimental evidence of the relevance of sociability on subjective wellbeing by investigating the determinants of life satisfaction on a large sample of Europeans aged above 50. We document that voluntary work, religious attendance, helping friends/neighbours and participation to...

Persistent link: https://www.econbiz.de/10014159386

Education, Health and Subjective Wellbeing in Europe

Becchetti, Leonardo; Conzo, Pierluigi; Pisani, Fabio - 2015

The productive and allocative theories predict that education has positive impact on health: the more educated adopt healthier life styles and use more efficiently health inputs and this explains why they live longer. We find partial support for these theories with an econometric analysis on a...

Persistent link: https://www.econbiz.de/10014136311

Not Feeling Well… (True or Exhaggerated?) Health (Un)Satisfaction as a Leading Health Indicator

Bachelet, Maria; Becchetti, Leonardo; Riccardini, Fabiola - 2015

A desirable property of subjective wellbeing indicators is their capacity to predict future objective outcomes. In our paper we provide novel cross-country original evidence documenting that lagged health (un)satisfaction is a leading health indicator, that is, a significant predictor of future...

Persistent link: https://www.econbiz.de/10014136671

'De Gustibus Errari (pot)Est' : Utility Misprediction, Preferences for Well-Being and Life Satisfaction

Becchetti, Leonardo; Conzo, Pierluigi - 2017

The life satisfaction literature generally focuses on how life events affect subjective well-being. Through a contingent valuation survey we test whether well-being preferences have significant impact on life satisfaction. A sample of respondents is asked to simulate a policymaker decision...

Persistent link: https://www.econbiz.de/10014143256

Other Regarding Preferences and Reciprocity : Insights from Experimental Findings and Satisfaction Data

Becchetti, Leonardo - 2016

We measure satisfaction about experimental outcomes, personal and other participants' behaviour after a multiperiod "hybrid contribution" multiplayer prisoner's dilemma called the "vote with the wallet" game. Our work shows that participants who cooperated above median (which we defi ne as...

Persistent link: https://www.econbiz.de/10013002818

Mind the Gap : Identifying Latent Objective and Subjective Multi-Dimensional Indices of Well-Being

Corrado, Luisa - 2016

Within the OECD Better Life Initiative, the Better Life Index (BLI) represents a major attempt to measure well-being and societal progress beyond GDP, following up the recommendations outlined in the Stiglitz-Sen-Fitoussi Commission report. Using a Structural Equation Modeling (SEM) approach, we...

Persistent link: https://www.econbiz.de/10012988163

Inside the Life Satisfaction Blackbox

Becchetti, Leonardo - 2014

We propose a measure of life satisfaction, alternative to the standard synthetic cognitive wellbeing question, based on the specifi c contribution of eleven life satisfaction sub-components (including satisfaction about the past, life opportunities, hope for the future, vitality, control over...

Persistent link: https://www.econbiz.de/10013064770

The Spread Nightmare : Financial Crises and Happiness

Becchetti, Leonardo - 2014

the word happiness from Italy and from Germany on Google.We propose a simple model to explain the relationship among life … dissatisfaction, Google happiness search and the level of the spread between the 10-year yields of Italian and German government bonds …. We empirically find a strongly significant and positive correlation between the spread and happiness, net of the impact …

Persistent link: https://www.econbiz.de/10013065437