commuting choice using data on subjective wellbeing. People show substantial adaptation to a higher labor income but not to … characterized by attributes satisfying extrinsic desires and alternatives serving intrinsic needs. Thereby the neglect of … asymmetries in adaptation is proposed as an important driver. The theoretical analysis is consistent with econometric evidence on …

commuting choice using data on subjective well-being. People show substantial adaptation to a higher labor income but not to … characterized by attributes satisfying extrinsic desires and alternatives serving intrinsic needs. Thereby the neglect of … asymmetries in adaptation is proposed as an important driver. The theoretical analysis is consistent with econometric evidence on …

, time preferences are elicited using incentivized choice experiments. The aggregate distributions of discount factors and …

, time preferences are elicited using incentivized choice experiments. The aggregate distributions of discount factors and …

trade-off: adding a good to the choice set has a positive option value but increases the complexity of the choice problem …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … the optimal set can be interpreted as the choice among stores. Stores maximize profits and choose a quality, an assortment …

In Happiness for All?, Carol Graham raises disquieting ideas about today's United States. The challenge she puts … citizens have downwardly trended happiness levels. There is, however, one bright side to an otherwise dark story. The happiness …