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. The economics of happiness has emerged as one of the most thriving areas in current economic research. This introductory … chapter refers to important contributions to the economics of happiness that characterize the recent developments in the area …. First, we refer to reviews of the literature, the measurement and the relationship of happiness research to welfare …
Persistent link: https://www.econbiz.de/10010291353
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10010271282
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10008574588
employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not …. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world. …
Persistent link: https://www.econbiz.de/10010293153
Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life satisfaction trajectory of the central and eastern European transition countries - a U-shaped swing and a nil or declining trend. There is no evidence of an increase in life...
Persistent link: https://www.econbiz.de/10010330130
Long term trends in happiness and income are not related; short term fluctuations in happiness and income are … artifact. Some analysts assert that in less developed countries happiness and economic growth are positively related up to some …
Persistent link: https://www.econbiz.de/10010330131
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011931728
We study the effects of Massachusetts' healthcare reform on individuals' subjective well-being. Using data from the Behavioral Risk Factor Surveillance System, we find that the reform significantly improved Massachusetts residents' overall life-satisfaction. This result is robust to various...
Persistent link: https://www.econbiz.de/10011931844
Volunteering constitutes one of the most important pro-social activities. Following Adam Smith, helping others is the way to higher individual well-being. This view contrasts with the selfish utility maximizer who avoids costs from helping others. The two rival views are studied empirically. We...
Persistent link: https://www.econbiz.de/10010261810
consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … reference groups in SWB-models. In this paper we employ the reference-extended model for incorporating in happiness studies the … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up …
Persistent link: https://www.econbiz.de/10010277027