The nexus between income and happiness is very much disputed. Many cross-sectional studies see a positive relationship, most longitudinal studies don't. Starting from the fact that the theoretical basis in happiness research has been comparatively weak, we develop a model that identifies...

How globalization affects happiness is highly disputed. Several studies use an index that amalgamates globalization's different dimensions into a single variable. Unlike previous studies and in order to better illuminate its facets, we adopt a disaggregated perspective on trade (policy) data....

This paper applies the German Socio-Economic Panel to analyse the effect of within household in-come comparison on individual life satisfaction. Our estimates indicate, a primary breadwinner wifedecreases spousal individual happiness by roughly nine per cent. To state the economic...

There has been an intense debate as to the effects of offshoring and global value chains on labor, with the debate centering around possible negative employment and income effects for the low(er) skilled in advanced economies. Although sociological and psychological research has shown that...

Much of the industrialized world is undergoing a significantdemographic shift, placing strain on public pension systems. Policymakers are responding with pension system reforms that put more weight on privately managed retirement funds. One concern with these changes is the effect on individual...

In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed...

Based on the premise that fairness is different from equity and that it is primarily used in informal contexts we present an economic approach to fairness. Discussing the results of behavioral economics reveals the experience that people do not accept a monetary offer even if that collides with...

We ask how normative statements are possible within an economic theory framework that recognises the importance of institutional arrangements. Instead of applying established outcome-oriented criteria of social welfare, we examine whether the rules of economic interaction allow the acquisition...

Dieser Beitrag nimmt die wissenschaftliche Sicht einer ökonomischen Theorie der Moral ein und gibt aus dieser Perspektive Antworten auf Fragen, wie sie von Journalisten formuliert werden. Dabei kommt auch zur Sprache, dass die für Interviews typischen Fragen in der Regel falsch gestellt sind:...

Dieser Beitrag entwickelt in zehn Thesen den unternehmensethischen Gedankengang, dass Unternehmen mit zahlreichen Aktivitäten unter der Bezeichnung „Corporate Social Responsibility“ unfreiwillig genau jene Vorurteile bestätigen, die in der Öffentlichkeit oft zur Ablehnung der...