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lifestyles may contribute to life satisfaction. …
Persistent link: https://www.econbiz.de/10010359092
Persistent link: https://www.econbiz.de/10014465727
We develop a theoretical model that jointly explains optimal choices and happiness. We work with constant elasticity of substitution functions for utility and happiness. Employing a choice framework, individuals are confronted with two options. When there exists a trade-off, we determine...
Persistent link: https://www.econbiz.de/10012422914
estimated linear and non-linear associations of experiential and material expenditures with life satisfaction. Although both … experiential and material expenditures were positively associated with life satisfaction, evidence supporting the greater return … results of the non-linear estimates indicate that to maximize life satisfaction, an average person should allocate more money …
Persistent link: https://www.econbiz.de/10011450466
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10010442764
This paper looks at the association of specific consumption goods with subjective well-being (SWB), using a representative sample of US individuals. There is a vast economic literature on the relationship between income and SWB, but surprisingly very little on how individuals spend their income...
Persistent link: https://www.econbiz.de/10013048763
investigate how heterogeneity in cultural profiles is associated with overall life satisfaction and relevant domains (health … relationship between cultural participation and overall life satisfaction. Still, a more complex picture arises when considering … all the statistically significant differences in life and domain satisfaction across cultural consumption patterns. These …
Persistent link: https://www.econbiz.de/10012624956
(Finding 2). Finding 1 is at odds with rational choice theory's demand that marginal utility be equalized with marginal costs …
Persistent link: https://www.econbiz.de/10014283751
investigate how heterogeneity in cultural profiles is associated with overall life satisfaction and relevant domains (health … relationship between cultural participation and overall life satisfaction. Still, a more complex picture arises when considering … all the statistically significant differences in life and domain satisfaction across cultural consumption patterns. These …
Persistent link: https://www.econbiz.de/10013324554
Persistent link: https://www.econbiz.de/10011440177