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enjoy the corresponding procedural utility. Utility is measured by individuals reported subjective well-being or happiness …
Persistent link: https://www.econbiz.de/10011398899
enjoy the corresponding procedural utility. Utility is measured by individuals' reported subjective well-being or happiness …
Persistent link: https://www.econbiz.de/10013320991
People not only obtain utility from actual outcomes but also from the conditions which lead to these outcomes. The paper proposes an economic concept of this notion of procedural utility. Preferences beyond outcome can be manifold. We distinguish procedural utility people get from institutions...
Persistent link: https://www.econbiz.de/10014070501
People not only obtain utility from actual outcomes but also from the conditions which lead to these outcomes. The paper proposes an economic concept of this notion of procedural utility. Preferences beyond outcome can be manifold. We distinguish procedural utility people get from institutions...
Persistent link: https://www.econbiz.de/10005627953
. This study aims to provide a possible explanation of the 'Easterlin Paradox' a phenomenon in which individuals 'happiness … increases with income, yet an increase in income of the whole society does not necessarily increase the happiness of all (1974 …
Persistent link: https://www.econbiz.de/10012256495
This paper aims at studying the connection between reference group income and life satisfaction in the three republics of the South Caucasus: Armenia, Azerbaijan, and Georgia. I illustrate that in low-income transition economies individuals make not only upward comparisons, decreasing their...
Persistent link: https://www.econbiz.de/10014135423
Happiness data--survey respondents' self-reported well-being (SWB)--have become increasingly common in economics …
Persistent link: https://www.econbiz.de/10014372484
Analyses of self-reported-well-being (SWB) survey data may be confounded if people use response scales differently. We use calibration questions, designed to have the same objective answer across respondents, to measure dimensional (i.e., specific to an SWB dimension) and general (i.e., common...
Persistent link: https://www.econbiz.de/10014372485
The paper deals with the effects of social participation activities on life satisfaction. Using the German General Social Survey (ALLBUS) for 2010, marginal effects of binary probit estimations on life satisfaction are presented. Strong gender differences are observable. While sport, welfare or...
Persistent link: https://www.econbiz.de/10010346726
This paper deals with the effects of social participation activities on life satisfaction. Using the German General Social Survey (ALLBUS) for 2010, I present gender specific differences for several social activities, such as club memberships of political, welfare, health or more leisure time...
Persistent link: https://www.econbiz.de/10009741435