According to sociological theories on educational choice, risk aversion is the main driving force for class … tracks to reduce the risk of failing in a long-lasting and costly education and, as a consequence, entering the labor market … without a degree. This argument is deeply rooted in the social structure. Yet, the importance of individual risk preferences …

large loss of satisfaction experienced by individuals in old age. …

This paper uses concurrently and - for the first time - retrospectively reported life satisfaction from the 1984 to … correlation of unemployment and subjective life satisfaction. It is found that unemployed individuals do not only report … significantly lower concurrent satisfaction, but also recall reduced satisfaction from past unemployment well, and retrospectively …

This paper looks at the information content of satisfaction scores. It is argued that the information content depends … within one year. This leads to the conclusion that the information content of satisfaction scores accentuates recent changes …-term impact on living conditions. The usefulness of satisfaction scores as an indicator of people's living conditions is discussed. …

lifestyle have substantial and similar effects on life satisfaction. The results have negative implications for a widely … population has recorded substantial and apparently permanent changes in life satisfaction (Fujita and Diener, 2005; Headey, 2008a …

satisfaction for subjective well-being (SWB) and relative income and employment security for objective well-being (OWB). We ran … the way capabilities and choices matter for well-being. Capabilities indicated by human capital, trust, altruism and risk …

satisfaction. We find that both measures are related to mortality risk. However, the effects are quite independent. Thus we argue … that changes in hand grip strength and overall life satisfaction capture two different aspects of health status and its …