Empirical analyses on the determinants of life satisfaction often include the impact of the number of children variable among available controls without fully discriminating between the two (sociorelational and pecuniary) components. In our empirical analysis on the German Socioeconomic Panel we...

Empirical evidence documents that other regarding activities (voluntary/charity work, helping friends/neighbours) done with other regarding motivations contribute positively and signi cantly to subjective wellbeing. The question is why only a re- stricted group of people performs these...

We analyse the impact of the introduction of the French Tobin tax on volumes, liquidity and volatility of a ected stocks with parametric and non parametric tests on individual stocks, di erence in di erence tests and other robustness checks controlling for simultaneous month-of-the-year and size...

There may be a nexus between card games and financial markets. Akerlof and Shiller (2010) wonder whether the decline in the number of bridge players and the growth in the number of poker players may have led to the current bad financial traders’practices which are responsible for the global...

In this paper we outline a model of horizontal product differentiation where two duopolists a profit maximising producer (PMP) and a socially responsible fair trader (FT) producer compete over prices and (costly) socially and environmentally responsible features of their products. We analyse the...

In our model of ethical product differentiation two duopolists (a zero profit socially concerned producer and a profit maximizing producer) compete over prices and (costly) socially and environmentally responsible features of their products under a given law of motion of consumer habits. In a...

Research on the nexus between life satisfaction and income has looked at lottery winners or postcommunism transition to document that exogenous changes in income generate effects of the same sign on happiness. In this paper we consider the unfortunate tsunami event as a negative lottery and...

The standard specification of utility functions in economic models usually neglects the effect of sociability on happiness. Our level and first difference panel estimates show that relational goods have significant and positive effects on self declared life satisfaction, net of the impact of...

In standard economic models benevolent governments are the unique actors in charge to tackle the problem of reconciling individual with social wellbeing in presence of negative externalities and insufficient provision of public goods. Some promising practices of grassroot economics suggest...

We examine the behavior of a profit maximizing monopolist in a horizontal differentiation model in which consumers differ in their degree of social responsibility (SR) and consumers SR is dynamically influenced by habit persistence. The model outlines parametric conditions under which (consumer...