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Conspicuous consumption and satisfaction
Winkelmann, Rainer - 2011
very strong assumptions. Measured income and life satisfaction offers an alternative for estimating such consumption … externalities. The approach is developed in the context of luxury car consumption (Ferraris and Porsches) in Switzerland. Results … municipality of residence has a negative impact on own income satisfaction. -- Ferrari ; Porsche ; status ; consumption externality …
Persistent link: https://www.econbiz.de/10009739426
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Conspicuous consumption and satisfaction
Winkelmann, Rainer - In: Journal of economic psychology : research in economic … 33 (2012) 1, pp. 183-191
Persistent link: https://www.econbiz.de/10009488932
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Limited self-control, obesity and the loss of happiness
Stutzer, Alois (contributor) - 2007
Obesity has become a major health issue. Research in economics has provided important insights as to how technological progress reduced the relative price of food and contributed to the increase in obesity. However, the increased availability of food might well have overstrained will power and...
Persistent link: https://www.econbiz.de/10003664856
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Choosing the Joneses : Endogenous Goals and Reference Standards
Falk, Armin; Knell, Markus - 2021
A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast findings from social...
Persistent link: https://www.econbiz.de/10013319257
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Heterogeneity in price elasticity of vehicle kilometers traveled : evidence from micro-level panel data
Tilov, Ivan; Weber, Sylvain - 2020
estimations using aggregate data for Switzerland, and show that there is important heterogeneity in price sensitivity across …
Persistent link: https://www.econbiz.de/10012392197
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Consumers preferences on the Swiss car market : a revealed preference approach
Weber, Sylvain - 2018
based on number of sales for each model marketed over the period 2006-2015 in Switzerland, and puts particular emphasis on …
Persistent link: https://www.econbiz.de/10011977265
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Beyond Bentham : measuring procedural utility
Frey, Bruno S.; Stutzer, Alois - 2001
We propose that outcome utility and process utility can be distinguished and empirically measured. People gain procedural utility from participating in the political decision-making process itself, irrespective of the outcome. Nationals enjoy both outcome and process utility, while foreigners...
Persistent link: https://www.econbiz.de/10011398899
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Measuring nuclear power plant externalities using life satisfaction data : a spatial analysis for Switzerland
Welsch, Heinz; Biermann, Philipp - 2015
estimate the relationship between Swiss citizens' life satisfaction (understood as a proxy of utility) and the distance of … their place of residence from the nearest nuclear power plant. Controlling for a rich set of life satisfaction factors, we … find a statistically and economically significant satisfaction-distance gradient, whose monetary value amounts to CHF 291 …
Persistent link: https://www.econbiz.de/10010470383
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Deconstructing the Hedonic Treadmill : Is Happiness Autoregressive?
Bottan, Nicolas L. - 2011
Affective habituation is well-documented in social sciences: people seem to adapt to many life events, ranging from lottery windfalls to terminal illnesses. A group of studies have tried to measure habituation by seeing how lagged values of life events affect present happiness. We propose an...
Persistent link: https://www.econbiz.de/10012714068
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Happiness, Economy and Institutions
Frey, Bruno S.; Stutzer, Alois - 2021
A cross-regional econometric analysis is conducted suggesting that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise self-reported individual well-being. This positive effect can be...
Persistent link: https://www.econbiz.de/10013321362