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The context surrounding the poor economic situation of divorced Japanese women, who are the primary recipients of welfare support for single mothers in Japan, is not well understood. An analysis of the Japanese General Social Survey and the Panel Study of Income Dynamics reveal that divorced...
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In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
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