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terms of functionings and capabilities guarantees a more objective picture of people's life. Next to this strong criticism … adaptive preferences and compare it with a more detailed analysis of adaptation as it is presented in hedonic psychology. It … becomes clear that adaptation can be a positive as well as a negative phenomenon and that the adaptive preference critique had …
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Einkommensvergleichen auf die finanzielle Zufriedenheit. Es wird untersucht, ob und in welchem Ausma? eine Adaptation von Bed …?rfnissen diagnostiziert werden kann. W?hrend aktuelle Studien dabei ausschlie?lich auf den Ansatz zur?ckgreifen, Adaptation als eine … Prozesse hin. Die Richtung der Adaptation h?ngt dabei offenbar davon ab, ob eine Verbesserung oder eine Verschlechterung der …
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Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10010316019
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10010984520
We infer determinants of Latin American hyperinflations and stabilizations by using the method of maximum likelihood to estimate a hidden Markov model that potentially assigns roles both to fundamentals in the form of government deficits that are financed by money creation and to destabilizing...
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of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows … us to distinguish between decentralized adaptation by private agents on the one hand and centralized adaptation measures … nascent field of adaptation to climate change requiring further empirical investigation. The economic framework is applied to …
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