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 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 anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological aging into a life-cycle model, calibrate it with...

Diarrhea mortality risk due to water pollution is one of serious problems that threaten human life in Asian developing countries. This study aims to provide basic data for the cost benefit analysis of countermeasures against diarrhea in Laos and Vietnam, and measures the value of statistical...

The access to Services of General Interest (SGI) is a highly relevant factor for territorial cohesion and in creating economic opportunity. Although the topic of SGI was not on the top of the policy agenda during the last decade, it attracts far more interest since the start of the economic...

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...