Becchetti, Leonardo; Giachin Ricca, Elena; Pelloni, … - 2009
Empirical analyses on the determinants of life satisfaction often include the impact of the number of children variable … driven by heterogeneous opportunity costs. Our empirical results give rise to a paradox: why people have children if the … overall (pecuniary plus relational) effect on life satisfaction is negative? We provide in the paper some interpretations …