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. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that …
Persistent link: https://www.econbiz.de/10010315155
. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that …
Persistent link: https://www.econbiz.de/10005760911
. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that …
Persistent link: https://www.econbiz.de/10005765884
Happiness research in economics takes reported subjective well-being as a proxy measure for utility and has already … understanding of utility in economics. Here, we study the introduction of income aspirations in individuals’ utility functions in …
Persistent link: https://www.econbiz.de/10005627769
Cross-disciplinary ‘happiness research’ has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...
Persistent link: https://www.econbiz.de/10005627967
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...
Persistent link: https://www.econbiz.de/10005536939
. This paper argues that reported subjective well-being is a satisfactory empirical approximation to individual utility and …
Persistent link: https://www.econbiz.de/10012168167
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...
Persistent link: https://www.econbiz.de/10012168256
. This paper argues that reported subjective well-being is a satisfactory empirical approximation to individual utility and …
Persistent link: https://www.econbiz.de/10005808610
Persistent link: https://www.econbiz.de/10001023856