Frey, Bruno S.; Stutzer, Alois - Institute for the Study of Labor (IZA) - 2013
commuting choice using data on subjective well-being. People show substantial adaptation to a higher labor income but not to … characterized by attributes satisfying extrinsic desires and alternatives serving intrinsic needs. Thereby the neglect of … asymmetries in adaptation is proposed as an important driver. The theoretical analysis is consistent with econometric evidence on …