Showing 1 - 10 of 87
Persistent link: https://www.econbiz.de/10010471066
This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...
Persistent link: https://www.econbiz.de/10011865578
Persistent link: https://www.econbiz.de/10011772750
This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By...
Persistent link: https://www.econbiz.de/10011764676
the World Happiness Index and are more comparable to those obtained with the Human Development Index. The state level …
Persistent link: https://www.econbiz.de/10013471233
happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …
Persistent link: https://www.econbiz.de/10010267314
Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...
Persistent link: https://www.econbiz.de/10010267773
paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely be … replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is higher … happiness that is unavailable on the U-index. For example, according to happiness research well-being across nations is lower …
Persistent link: https://www.econbiz.de/10010271883
On almost all measures of physical health, Scots fare worse than residents of any other region of the UK and often worse than the rest of Europe. Deaths from chronic liver disease and lung cancer are particularly prevalent in Scotland. The self-assessed wellbeing of Scots is lower than that of...
Persistent link: https://www.econbiz.de/10010272699
Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is currently no clear consensus on what the best measure of individual's experience may be for the evaluation process. To shed light on...
Persistent link: https://www.econbiz.de/10010278781