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Why Keynes underestimated consumption and overestimated leisure for the long run

Becker, Gary Stanley; Rayo, Luis - In: Revisiting Keynes : economic possibilities for our …, (pp. 179-184). 2008

Persistent link: https://www.econbiz.de/10003774490

Evolutionary efficiency and happiness

Rayo, Luis; Becker, Gary Stanley - In: Journal of political economy 115 (2007) 2, pp. 302-337

Persistent link: https://www.econbiz.de/10003462795

Happiness, income and economic policy (Forum)

Rayo, Luis; Becker, Gary Stanley - In: CESifo DICE report : journal for institutional comparisons 8 (2010) 4, pp. 13-16

Persistent link: https://www.econbiz.de/10008902065

Habits, peers, and happiness : an evolutionary perspective

Rayo, Luis; Becker, Gary Stanley - In: The American economic review 97 (2007) 2, pp. 487-491

Persistent link: https://www.econbiz.de/10003502214

Evolutionary Efficiency and Happiness

Rayo, Luis; Becker, Gary S. - 2009

We model happiness as a measurement tool used to rank alternative actions. Evolution favors a happiness function that measures the individual's success in relative terms. The optimal function is based on a time-varying reference point - or performance benchmark - that is updated over time in a...

Persistent link: https://www.econbiz.de/10014026202