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Beyond Bentham : measuring procedural utility
Frey, Bruno S.; Stutzer, Alois - 2001
enjoy the corresponding procedural utility. Utility is measured by individuals reported subjective well-being or happiness …
Persistent link: https://www.econbiz.de/10011398899
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Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects
De Neve, Jan-Emmanuel; Oswald, Andrew J. - 2012
happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and … indirect effects that carry the influence from happiness to income. Significant mediating pathways include a higher probability …
Persistent link: https://www.econbiz.de/10009683363
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Present-focused preferences and sin goods consumption at the extensive and intensive margins
Kalamov, Zarko Y.; Runkel, Marco - 2020
This paper analyzes sin goods consumption when individuals exhibit present-focused preferences. It considers three types of present focus: present-bias with varying degrees of naiveté, Gul-Pesendorfer preferences, and a dual-self approach. We investigate the incentives to deviate from healthy...
Persistent link: https://www.econbiz.de/10012206092
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Informational requirements of nudging
Benkert, Jean-Michel; Netzer, Nick - 2015 - This version: April 2015, First version: November 2014
A nudge is a non-coercive paternalistic intervention that attempts to improve choices by manipulating the framing of a decision problem. As any paternalism, it faces the difficulty of determining the appropriate welfare criterion. We propose a welfare-theoretic foundation for nudging similar in...
Persistent link: https://www.econbiz.de/10010515471
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Behavioral indifference curves
Komlos, John - 2014
According to the endowment effect there is some discomfort associated with giving up a good, that is to say, we are willing to give up something only if the price is greater than the price we are willing to pay for it. This implies that the indifference curves should designate a reference point...
Persistent link: https://www.econbiz.de/10010370273
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Paternalistic taxation of unhealthy food and the intensive versus extensive margin of obesity
Kalamov, Zarko Y.; Runkel, Marco - 2018
This paper shows that if an individual's health costs are U-shaped in weight with a minimum at some healthy weight level and if the individual has both self control problems and rational motives for over- or underweight, the optimal paternalistic tax on unhealthy food mitigates the individual's...
Persistent link: https://www.econbiz.de/10011800144
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The subjective well-being of workfare participants : insights from a day reconstruction survey
Knabe, Andreas; Schöb, Ronnie; Weimann, Joachim - 2015
In this paper, we shed more light on the subjective well-being of workfare participants and compare it to the well-being of unemployed and employed workers. We use data from a self-conducted survey among participants in workfare schemes in Germany. We examine two subdimensions of subjective...
Persistent link: https://www.econbiz.de/10011280847
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Subjective and objective indicators of racial progress
Stevenson, Betsey; Wolfers, Justin - 2013 - This draft: March 15, 2013
; happiness ; race …
Persistent link: https://www.econbiz.de/10009727116
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Economic growth and subjective well-being : reassessing the Easterlin paradox
Stevenson, Betsey (contributor); Wolfers, Justin (contributor) - 2008
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. -- Happiness ; subjective well-being ; Easterlin Paradox ; life satisfaction ; economic …
Persistent link: https://www.econbiz.de/10003751098
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Happy times : measuring happiness using response times
Liu, Shuo; Netzer, Nick - 2023
Surveys that measure subjective states like happiness or preferences often generate discrete ordinal data. Ordered … happiness or other variables are detectable based on response time data without making distributional assumptions. In our survey …
Persistent link: https://www.econbiz.de/10014251062