Nisticò, Sergio - In: Economics: The Open-Access, Open-Assessment E-Journal 9 (2015) 2015-8, pp. 1-40
The paper suggests that casting the choice problem in terms of alternative time-consuming activities can foster the fruitful cross-fertilization between economics and psychology along the lines suggested by Scitovsky in the Joyless Economy. The first part emphasizes how mainstream, utility-based...