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A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...
Persistent link: https://www.econbiz.de/10014454771
This paper estimates the monetary value of cutting PM2.5, a dominant source of air pollution in China. By matching hedonic happiness in a nationally representative survey with daily air quality data according to exact dates and locations of interviews in China, we are able to estimate the...
Persistent link: https://www.econbiz.de/10011497267
Using information on life satisfaction and crime from the European Social Survey, we apply the life satisfaction … reduce life satisfaction across Europe. Building upon these results, we quantify the monetary value of improvements in public … safety and its valuation in terms of individual well-being. The loss in satisfaction for victimized individuals corresponds …
Persistent link: https://www.econbiz.de/10011436848
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10003897543
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10003903197
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10008662775
satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …
Persistent link: https://www.econbiz.de/10011434254
Persistent link: https://www.econbiz.de/10001862909
Persistent link: https://www.econbiz.de/10003926717
welfare theory because of several inconsistencies. We also illustrate the validity of our arguments empirically based on the …
Persistent link: https://www.econbiz.de/10011613475