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asked to value on a finite scale their satisfaction with their own lives, a question that psychologists have long and often … have been using thismeasure of self-reported satisfaction as a proxy for utility so as to contribute to a better … understanding of individuals’ tastes and hopefully behavior. By means of satisfaction questions we can elicit information on …
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Economics has rediscovered happiness even though the discipline has always been about human wellbeing. A growing evidence suggests that happier people can be more productive and innovative, which leads to profitability and economic growth. Thus, there are concerted efforts to measure happiness...
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