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satisfaction. In this note we argue that the empirical approach they use (an approach that omits the main effect of TV viewing in … life satisfaction) is problematic. We estimate a microeconomic life satisfaction function and find mixed support for the … concluding about television’s effect on life satisfaction -- Relational goods ; Subjective well-being ; TV consumption …
Persistent link: https://www.econbiz.de/10003906159
internet as a source of information derive relatively less life satisfaction from the same level of income. Using panel data …
Persistent link: https://www.econbiz.de/10010344634
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This working paper highlights the case for and against Social Entrepreneurship as an alternate development model to conventional development economic models. The arguments in favour of social entrepreneurship highlight why the sector has attracted significant global interest including the...
Persistent link: https://www.econbiz.de/10013040212
The SARS-CoV-2 novel coronavirus is an external shock to all societies with lasting impacts that have changed individual, political, and corporate decisions profoundly. Increasing evidence reveals that an estimated 10-50% of those previously infected with COVID-19 face a longer-term or long-term...
Persistent link: https://www.econbiz.de/10013297278
What is the need for Human Development? This research paper seeks to research the reasons for the emergence of the concept of Human Development. ‘Human development is a process of enlarging people’s choices’ (HDRO, 1990). The Human Development approach insists that the fundamental aim of...
Persistent link: https://www.econbiz.de/10014100793
We develop a behavioral model of durable good usage with mental accounting for sunk costs. It predicts higher-than-rational usage that attenuates at a rate that increases with sunk costs. Singapore government policy varied the sunk cost of buying a new car. Using Singapore data, we estimate the...
Persistent link: https://www.econbiz.de/10012823417
Does the sunk cost fallacy affect decision-makers in high-stakes situations? We develop a behavioral model of usage of a durable good with mental accounting for sunk costs. It predicts that usage increases in the sunk cost, and attenuates with time at a rate that increases in the sunk cost. The...
Persistent link: https://www.econbiz.de/10013064113