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Persistent link: https://www.econbiz.de/10005800616
Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. This paper argues that reported subjective well-being is a satisfactory empirical approximation to individual utility and endeavors to provide an impression of this new, and...
Persistent link: https://www.econbiz.de/10005808610
A crucial aspect of constitutional design is the provision of rules on how a constitution is to be amended. If procedures for constitutional amendment are very restrictive, changes will take place outside the constitution. These changes are likely to be against the citizens? interests and their...
Persistent link: https://www.econbiz.de/10005808612
Social norms are usually neglected in economics, because they are to a large extent enforced through nonmarket interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10005814574
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In recent times, camera surveillance or closed-circuit television (CCTV) as an instrument potentially deterring crime and terrorism has become a focus of the public discourse. CCTV might be the most rapidly spreading and, at the same time, one of the most disputed measures of contemporary public...
Persistent link: https://www.econbiz.de/10008550476
Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective wellbeing is often taken as a proxy measure for...
Persistent link: https://www.econbiz.de/10008529124
In economics there is presently an almost revolutionary development. The direct measurement of subjective welfare challenges traditional economics, inspires it, and opens new avenues for scientific research. The approaches and possibilities of an economic analysis of happiness are shown and...
Persistent link: https://www.econbiz.de/10004979381
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