Showing 1 - 10 of 14,767
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...
Persistent link: https://www.econbiz.de/10012422914
satisfaction. Concerning the relation between income sharing and income pooling, I account not only for the dominance of pooling …
Persistent link: https://www.econbiz.de/10010188880
Persistent link: https://www.econbiz.de/10014472327
Persistent link: https://www.econbiz.de/10003280558
Behavioral (e.g. consumption) patterns of boundedly rational agents can lead these agents into learning dynamics that appear to be "wasteful" in terms of well-being or welfare. Within settings displaying preference endogeneity, it is however still unclear how to conceptualize well-being. This...
Persistent link: https://www.econbiz.de/10008809600
lifestyles may contribute to life satisfaction. …
Persistent link: https://www.econbiz.de/10010359092
estimated linear and non-linear associations of experiential and material expenditures with life satisfaction. Although both … experiential and material expenditures were positively associated with life satisfaction, evidence supporting the greater return … results of the non-linear estimates indicate that to maximize life satisfaction, an average person should allocate more money …
Persistent link: https://www.econbiz.de/10011450466
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10010442764
Persistent link: https://www.econbiz.de/10013169299
investigate how heterogeneity in cultural profiles is associated with overall life satisfaction and relevant domains (health … relationship between cultural participation and overall life satisfaction. Still, a more complex picture arises when considering … all the statistically significant differences in life and domain satisfaction across cultural consumption patterns. These …
Persistent link: https://www.econbiz.de/10012624956