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After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10011372500
The measurement of individual happiness challenges the notion that revealed preferences only reliably and empirically reflect individual utility. Reported subjective well-being is a broader concept than traditional decision utility; it also includes concepts like experience and procedural...
Persistent link: https://www.econbiz.de/10014171078
This paper examines the impact of the failed coup d'état attempt in Turkey on July 15, 2016, on people's happiness, life satisfaction, and trust and finds that the plot had a significant negative effect on all three variables. This paper is the first to show that coups d'état can have a...
Persistent link: https://www.econbiz.de/10012504498
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10012754034
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In we sketch the present status of happiness economics. In we consider the practical applicability of happiness economics, retaining the assumption of ordinal...
Persistent link: https://www.econbiz.de/10012716092
Several well-established surveys ask questions in order to measure subjective well-being. In some questionnaires, questions relate to happiness, in others, to individual well-being or satisfaction or to both happiness and satisfaction. In the literature of happiness, several papers have compared...
Persistent link: https://www.econbiz.de/10012259820
The paper addresses the Quality of Life (QoL) of elderly people during demographic transitions of population giants. Focusing on India and China, this study analyses nature of data of aged people and compares the determining factors of QoL of elderly people of both nations. Using Global Survey...
Persistent link: https://www.econbiz.de/10012987052
We use four ways of the European Social Survey, covering 2000 to 2008, to analyze the effect of religion on happiness. Our findings confirm that religious individuals are generally happier than non-religious ones. When we seek to disentangle the effects of belonging to an organized religion from...
Persistent link: https://www.econbiz.de/10011295799
We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity) identified in...
Persistent link: https://www.econbiz.de/10013164102
Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of observed or latent happiness across samples. Recent critiques show that comparing the mean of ordinal data is only valid under strong assumptions that are usually rejected by...
Persistent link: https://www.econbiz.de/10012890952