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This paper discusses a novel approach to elicit people’s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10005585656
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10008574588
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10008583664
In many countries environmental policies and regulations are implemented to improveenvironmental quality and thus individuals’ well-being. However, how do individuals valuethe environment? In this paper, we review the Life Satisfaction Approach (LSA) representinga new non-market valuation...
Persistent link: https://www.econbiz.de/10009025009
This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting … directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We … emphasize the potential of happiness research in testing competing theories of individual behavior. Second, the crucial issue of …
Persistent link: https://www.econbiz.de/10005627928
This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting … directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We … emphasize the potential of happiness research in testing competing theories of individual behavior. Second, the crucial issue of …
Persistent link: https://www.econbiz.de/10005226972
Evaluation of amenities and benefits of public service broadcasting is crucially important with the accelerated convergence of broadcasting and telecommunications and the increasing heterogeneities of media use by individuals. With the use of the microdata provided from a survey carried out by...
Persistent link: https://www.econbiz.de/10011750480
consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … reference groups in SWB-models. In this paper we employ the reference-extended model for incorporating in happiness studies the … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up …
Persistent link: https://www.econbiz.de/10011379637
Case studies across the social sciences have established a positive relationship between social status and happiness …-shaped relation between status and happiness. The same trend is much less pronounced in data on 1000 individuals living in the state …
Persistent link: https://www.econbiz.de/10011548261
Subjective well-being (SWB) indicators, such as positive and negative emotions, life evaluations, and assessments of having purpose and meaning and life are increasingly used alongside income, employment, and consumption measures to provide a more comprehensive view of human progress. SWB...
Persistent link: https://www.econbiz.de/10011517733