The present research investigates how the threat of COVID-19 affects consumers’ choices among hospitality/travel options of varying levels of quality and price. Drawing on compensatory consumption theory, we predicted that the virus’s prominence would increase consumers’ preference for...

Are workers in modern economies working "too hard" - would they be better off if an equilibrium with fewer work hours were achieved? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an overtime...