Umwelt- und Wirtschaftspolitik, so schien es Jahrzehnte lang, stehen im Widerspruch. Was hilft der gesunde Wald, wenn Millionen keine Arbeit haben? Zwar gehen mit Arbeitslosigkeit seit Einführung der sozialen Sicherungssysteme nicht länger Not, Leid und Elend einher. Aber das Stigma bedrückt...

Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and unemployment benefits can contribute to happiness - though when...

In a recent paper, Pratt and Zeckhauser (JPE, 1996) discuss the measure of individuals' willingness to pay (WTP) for the reduction of risks to their lives which should be used for public decisions on risk-reducing projects. They suggest to correct observed WTP for the "dead-anyway" effect, which...

This paper proposes a method to evaluate health losses or gains by looking at the impact on well-being of a change in health status. The paper presents estimates of the equivalent income change that would be necessary to change general satisfaction with life to the same extent as a change in...