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prediction errors that are at least partly driven by unforeseen adaptation. …
Persistent link: https://www.econbiz.de/10011307463
may explain the fertility behavior of first generation immigrants; namely, selection, disruption and adaptation. The …
Persistent link: https://www.econbiz.de/10010333284
freedom of choice, low levels of democratization, unemployment, low income, etc. Second, considering people's adaptation to … human well-being and the phenomenon of adaptation. Many challenges, of course, remain. First, we are only at the beginning … of understanding variation in the process of adaptation. The modeling of happiness over the life course promises a …
Persistent link: https://www.econbiz.de/10010352279
Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view, individuals know what they choose. They are able to predict how much utility an activity or a good produces for them now and in the future and they can maximize their utility. This...
Persistent link: https://www.econbiz.de/10010267422
adaptation. …
Persistent link: https://www.econbiz.de/10010267560
This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of...
Persistent link: https://www.econbiz.de/10010267749
Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This … on to exhibit recovery in mental wellbeing. Adaptation to severe disability, however, is shown to be incomplete. The …
Persistent link: https://www.econbiz.de/10010267773
This paper addresses the question of when and to what extent individuals are affected by major positive and negative life events, including changes in financial situation, marital status, death of child or spouse and being a victim of crime. The key advantage of our data is that we are able to...
Persistent link: https://www.econbiz.de/10010268786
reference to measure the degree of adaptation to widowhood. In the second step, the life satisfaction trajectories of both …
Persistent link: https://www.econbiz.de/10010269404
overall job satisfaction at the year unionization occurs. Nonetheless, adaptation to unionism is complete within the first few …
Persistent link: https://www.econbiz.de/10010269586