The paper analyzes the satisfaction regarding the financial situation in Romania compared to the rest of the member countries of the European Union. The work analyzed indicators that express the material well-being of a society such as: GDP and Median Income, but also satisfaction regarding the...

The interpretation and measurement of the innovation performance of territorial units represent well established research areas. Nevertheless the way this issue is usually addressed raises several questions. In present paper we are dealing with two of these problematic fields: the level of...

The aim of this paper is to analyze the evolution of well-being changes due to, on one side, the changes in the weighting scheme and, on the other, changes in the indicators along the time. An alternative methodology is proposed in this paper that allows one to decompose a multidimensional index...

We develop a theoretical model that jointly explains optimal choices and happiness. We work with constant elasticity of substitution functions for utility and happiness. Employing a choice framework, individuals are confronted with two options. When there exists a trade-off, we determine...

Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that women's utility is higher if they are married. Using life satisfaction data from the German Socio-Economic Panel Study (SOEP), we...

Evaluation of amenities and benefits of public service broadcasting is crucially important with the accelerated convergence of broadcasting and telecommunications and the increasing heterogeneities of media use by individuals. With the use of the microdata provided from a survey carried out by...

A decision problem is relatively complex and broadly involves two distinct moments, i) information gathering and ii) use of available information and decision-making. In the first case one can discuss the potential of rigorous methods (statistical analysis and modelling) commonly used to enable...

The idea of this paper is to align the business decision-making process with detected product competitiveness characteristics of the domestic company on the domestic market. For this paper was designed "proposal of the operational steps of a simple market and product research methodology", for...

This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data on more than 40,000 individual attempts from international freediving competitions, we provide evidence that women, on average, are less likely than men to overestimate their...