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Migration policy : lessons from cooperatives

Osterloh, Margit; Frey, Bruno S. - 2017

We propose an immigration policy based on the model of cooperatives. Incoming migrants have to acquire a participation … seekers get back the money paid for the certificate. Immigration is therewith regulated more efficiently than today. Not all … entrance barriers and coercive measures to prevent illegal entry would disappear. However, the pressure of illegal migrants is …

Persistent link: https://www.econbiz.de/10011611282

Migration Policy : Lessons from Cooperatives

Osterloh, Margit - 2017

Persistent link: https://www.econbiz.de/10012960115

Economic Consequences of Mispredicting Utility

Frey, Bruno S.; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2008

A framework is proposed for organizing phenomena related to the (mis)predictionof utility, in particular neglecting adaptation. A categorization is introduced that accounts forasymmetries in misprediction. In decision-making, goods and activities satisfying extrinsicdesires are more salient than...

Persistent link: https://www.econbiz.de/10005867780

TV Channels, Self Control and Happiness

Benesch, Christine; Frey, Bruno S.; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich>; … - 2006

In many countries, TV viewers have access to more and more TVchannels. We study whether people can cope with this and watch the amount of TVthey find optimal for themselves or whether they are prone to over-consumption. Wefind that heavy TV viewers do not benefit, but instead report lower life...

Persistent link: https://www.econbiz.de/10005867923

What Happiness Research Can Tell Us AboutSelf-Control Problems And Utility Misprediction

Stutzer, Alois; Frey, Bruno S. - Wirtschaftswissenschaftliches Zentrum <Basel> - 2006

Neoclassical economic theory rules out systematic errors in consumptionchoice. According to the basic view, individuals know what they choose. They areable to predict how much utility an activity or a good produces for them now and inthe future and they can maximize their utility. This implies...

Persistent link: https://www.econbiz.de/10005868350

CALCULATING TRAGEDY:ASSESSING THE COSTS OF TERRORISM

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich> - 2006

The trends and consequences of terrorist activities are often captured bycounting the number of incidents and casualties. More recently, the effects of terroristacts on various aspects of the economy have been analyzed. These costs aresurveyed and put in perspective. As economic consequences are...

Persistent link: https://www.econbiz.de/10005868505

Does watching TV make us happy?

Frey, Bruno S.; Benesch, Christine; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich>; … - 2006

Watching TV is a major human activity. Because of its immediate benefits at negligible immediatemarginal costs it is for many people tempting to view TV rather than to pursue more engaging activities.As a consequence, individuals with incomplete control over, and foresight into, their...

Persistent link: https://www.econbiz.de/10005868506

Mispredicting Utility and the Political Process

Frey, Bruno S.; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich> - 2005

In important situations, individual decision-making is systematically biased. Whendeciding (rather than consuming), extrinsic attributes of choice options are more salient thanintrinsic attributes. People overestimate extrinsic attributes and therefore put too much effortinto acquiring income...

Persistent link: https://www.econbiz.de/10005868512

Does Marriage Make People Happy,Or Do Happy People Get Married?

Stutzer, Alois; Frey, Bruno S. - Institut für Empirische Wirtschaftsforschung <Zürich> - 2004

This paper analyzes the causal relationships between marriage and subjective well-beingin a longitudinal data set spanning 17 years. We find evidence that happier singles opt more likelyfor marriage and that there are large differences in the benefits from marriage between couples.Potential, as...

Persistent link: https://www.econbiz.de/10005868513

Beyond Outcomes: Measuring Procedural Utility

Frey, Bruno S.; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich> - 2004

People not only obtain utility from actual outcomes but also from the conditionswhich lead to these outcomes. The paper proposes an economic concept of this notion ofprocedural utility. Preferences beyond outcome can be manifold. We distinguish proceduralutility people get from institutions as...

Persistent link: https://www.econbiz.de/10005868515