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Beyond Happiness and Satisfaction : Toward Well-Being Indices Based on Stated Preference
Benjamin, Daniel J. - 2012
relative marginal utilities not only for happiness and life satisfaction, but also for aspects related to family, health …
Persistent link: https://www.econbiz.de/10013100684
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Lock-Downs, Loneliness and Life Satisfaction
Hamermesh, Daniel - 2020
their happiness, adjusted for numerous demographic and economic variables. Satisfaction among married individuals increases … most with additional time spent with spouse. Among singles, satisfaction decreases most as more time is spent alone …
Persistent link: https://www.econbiz.de/10012836424
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Insurance Decision-Making for Rare Events : The Role of Emotions
Kunreuther, Howard - 2015
This paper describes the results of a web-based multi-period insurance purchasing experiment focusing on how individuals make insurance choices for low-probability, high-consequence events. Participants were told the probability and resulting losses of a hurricane occurring and were informed...
Persistent link: https://www.econbiz.de/10013029548
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Persuasion and Empathy in Salesperson-Customer Interactions
Rotemberg, Julio J. - 2010
In a search model, prospects encounter salespeople who can try to persuade them. Persuasive messages can increase the utility of buying or increase the cost of not buying. The latter reduces welfare. Equilibria where only some salespeople make a persuasive effort often exist. Salespeople vary in...
Persistent link: https://www.econbiz.de/10013143761
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The Own and Social Effects of an Unexpected Income Shock : Evidence from the Dutch Postcode Lottery
Kuhn, Peter - 2008
In the Dutch Postcode Lottery a postal code (19 households on average) is randomly selected weekly, and prizes - consisting of cash and a new BMW - are awarded to lottery participants living in that postal code. On average, this generates a temporary, unexpected income shock equal to about eight...
Persistent link: https://www.econbiz.de/10012771803
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Social Learning and Peer Effects in Consumption : Evidence from Movie Sales
Moretti, Enrico - 2008
Using box-office data for all movies released between 1982 and 2000, I test the implications of a simple model of social learning in which the consumption decisions of individuals depend on information they receive from their peers. The model predicts different box office sales dynamics...
Persistent link: https://www.econbiz.de/10012772457
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When Incentives Backfire : Spillover Effects in Food Choice
Angelucci, Manuela - 2015
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers' incentives. In a field experiment on snack choice (grapes...
Persistent link: https://www.econbiz.de/10013017086
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The Olympic Effect
Rose, Andrew Kenan - 2010
Economists are skeptical about the economic benefits of hosting quot;mega-eventsquot; such as the Olympic Games or the World Cup, since such activities have considerable cost and seem to yield few tangible benefits. These doubts are rarely shared by policy-makers and the population, who are...
Persistent link: https://www.econbiz.de/10012757590
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Conflicts of Interest Distort Public Evaluations : Evidence from the Top 25 Ballots of NCAA Football Coaches
Kotchen, Matthew J. - 2011
individual coach ballots between 2005 and 2010, we find that coaches distort their rankings to reflect their own team … favorably and boost their own team's ranking more than two full positions. Coaches also rank teams they defeated more favorably …, thereby making their own team look better. When it comes to ranking teams contending for one of the high-profile Bowl …
Persistent link: https://www.econbiz.de/10013118120
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How Do Markets Function? An Empirical Analysis of Gambling on the National Football League
Levitt, Steven D. - 2003
The market for sports gambling is structured very differently than the typical financial market. In sports betting, bookmakers announce a price, after which adjustments are small and infrequent. As a consequence, bookmakers do not play the traditional role of market makers whose primary function...
Persistent link: https://www.econbiz.de/10012786790