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Happiness and public policy : a procedural perspective

Stutzer, Alois - 2019

This article comments on the role of empirical subjective well-being research in public policy within a constitutional, procedural perspective of government and state. It rejects the idea that, based on the promises of the measurement, we should adopt a new policy perspective that is oriented...

Persistent link: https://www.econbiz.de/10012118051

Why does happiness respond differently to an increase vs. decrease in income?

Easterlin, Richard A. - 2021

of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …

Persistent link: https://www.econbiz.de/10012604148

Individual subjective well-being during the COVID-19 pandemic

Trinh Quang Long - 2021

-being, which is measured by individuals' happiness, during the early stage of the COVID-19 pandemic. Using data collected in the … happiness. The risks associated with the pandemic, however, are only slightly associated with people's happiness. We also find …

Persistent link: https://www.econbiz.de/10012518205

Contradictory effects of religiosity on subjective well-being

Evrensel, Ayşe Y. - In: Cogent economics & finance 6 (2018) 1, pp. 1-26

). While a number of empirical studies demonstrate that higher religiosity is associated with higher happiness at the level of …

Persistent link: https://www.econbiz.de/10012023181

Behavioral welfare economics and redistribution

Fleurbaey, Marc; Schokkaert, Erik - In: American economic journal : a journal of the American … 5 (2013) 3, pp. 180-205

Persistent link: https://www.econbiz.de/10009790740

The transitive core : inference of welfare from nontransitive preference relations

Nishimura, Hiroki - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 2, pp. 579-606

In this paper, we study methods of inferring a decision maker's true preference relation when observed choice data reveal a nontransitive preference relation due to choice mistakes. We propose some sensible properties of such methods and show that these properties characterize a unique rule of...

Persistent link: https://www.econbiz.de/10011856700

The Transitive Core of Preference Relations

Nishimura, Hiroki - 2012

The paper proposes a method of transforming a possibly cyclic preference relation of a decision maker into a transitive binary relation, which is called the transitive core. The characterizing properties of such a transformation is given. In addition, the transitive core is applied to...

Persistent link: https://www.econbiz.de/10014169669

Hicksian Welfare Measures and the Normative Endowment Effect

Weber, Thomas A. - 2017

We show that the Hicksian welfare measures of compensating variation and equivalent variation coincide if one of them is evaluated at a compensated income. The measures are nondecreasing in income if the varied attribute and income are complementary, and indirect utility is concave in income....

Persistent link: https://www.econbiz.de/10014225249

The impact of economic growth, inflation and unemployment on subjective financial satisfaction : a New global evidence

Baeyong Lee; Kim, Hoolda; Tavakoli, Assad - In: Cogent economics & finance 11 (2023) 2, pp. 1-25

Using the happiness survey data, a robust body of literature has supported that people's subjective well-being is … related to economic growth, employment, and inflation. Motivated by "Happiness Economics," this paper focuses on financial …

Persistent link: https://www.econbiz.de/10014500981

Adaptation to poverty in long-run panel data

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2014 - This version: January 2014

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of...

Persistent link: https://www.econbiz.de/10010252812