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This paper explores the potential of using subjective well-being (SWB) data to valueenvironmental attributes. A theoretical framework compares this method, also known as the lifesatisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As...
Persistent link: https://www.econbiz.de/10009465958
light on this seemingly paradoxical relationship between income and happiness. ‘Happiness’ remains an elusive concept, and …Happiness research is a new, rapidly growing and provocative aspect of economic science. In fact, there are now over 1 …,800 published papers on the subject, and it might be said that the ‘dismal science’ has come to be obsessed with happiness. This …
Persistent link: https://www.econbiz.de/10009448119
-being, the functional forms relying on income adaptation and social comparisons put forward in the happiness literature fail to … can be explained by changes in the income distribution and the concavity of the happiness function. Since 1975 in the … United-States practically all of the income gains have accrued to the richest 20% households. During that time, happiness has …
Persistent link: https://www.econbiz.de/10009476583
. It was hypothesised that a greater association might be found between satisfaction and equality of income distribution … rather than between satisfaction and size of income. The interrelationship between wealth (GDPpc), equality of income and … mean satisfaction for fifteen EU states was assessed over a four year period (1995-1998). Equality of income was …
Persistent link: https://www.econbiz.de/10009475682
This dissertation inquires into the relationship between income, aspirations, and life satisfaction in post …-transition Russia. It first explores the channels through which adaptation and social comparison contribute to higher income aspirations … the expectations contained in income aspirations. Higher aspirations reflect an increase in needs commensurate to changes …
Persistent link: https://www.econbiz.de/10009450924
satisfaction judgments are worked out: First, economic happiness research uses primarily socioeconomic characteristics (e.g. income … Verbrauchsmengen und Nutzen besteht. Dieses als Paradox der Zufriedenheit (happiness paradox) bezeichnete Ph?nomen wird damit erkl …Happiness research uses data on self-reported satisfaction to measure individuals? utilities. First empirical evidence …
Persistent link: https://www.econbiz.de/10009481012
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real terms. Ninety five per cent of the income of medical schemes was derived from membership fees. The average real growth … rate of income was 8.4 per cent, while net assets increased by only 3 per cent. An average deficit of R11.02 million …
Persistent link: https://www.econbiz.de/10009480497
We used the well-being evaluation method, a technique for measuring individual utility, to study how people in the wildland urban interface of Colorado (USA) felt about their lives before and after two wildfire scenarios. Variables such as age, family size, fire frequency, and house value were...
Persistent link: https://www.econbiz.de/10009443715