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. The economics of happiness has emerged as one of the most thriving areas in current economic research. This introductory … chapter refers to important contributions to the economics of happiness that characterize the recent developments in the area …. First, we refer to reviews of the literature, the measurement and the relationship of happiness research to welfare …
Persistent link: https://www.econbiz.de/10010291353
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/10011525019
Volunteering constitutes one of the most important pro-social activities. Following Adam Smith, helping others is the way to higher individual well-being. This view contrasts with the selfish utility maximizer who avoids costs from helping others. The two rival views are studied empirically. We...
Persistent link: https://www.econbiz.de/10012168182
This paper turns Snow-White's magic mirror onto recent economics Nobel Prize winners, top economists and happiness … explores the extent to which information matters and whether individuals' self-reported happiness affects their perceptions … about the happiness of these superstars in economics. …
Persistent link: https://www.econbiz.de/10012168274
choice analyses can inform and inspire happiness research on issues related to public policy. In particular, happiness … democratic competition. However, the happiness approach also has clear limitations if it is understood as a decision rule for … good policy and the interaction between citizens and the government is reduced to monitoring reported happiness. …
Persistent link: https://www.econbiz.de/10012168480
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...
Persistent link: https://www.econbiz.de/10012141184
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/10012141258
This study analyzes the effects of the 2014 Affordable Care Act (ACA) Medicaid expansion on the subjective well-being of individuals in the United States. Using data from the Panel Study of Income Dynamics, we find that the expansion has significantly improved the overall life satisfaction of...
Persistent link: https://www.econbiz.de/10012141272
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012497824
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...
Persistent link: https://www.econbiz.de/10003469877