A hallmark result within behavioral economics is that individuals' choices are affected by current endowments. A recent theory due to Kőszegi and Rabin (<link href="#jeea12084-bib-0010"/>, Quarterly Journal of Economics, 121, 1133–1165) explains such endowment effect with a model of expectations-based reference-dependent...

Would people choose what they think would maximize their subjective well-being (SWB)? We present survey respondents with hypothetical scenarios and elicit both choice and predicted SWB rankings of two alternatives. While choice and predicted SWB rankings usually coincide in our data, we find...

This paper proposes foundations and a methodology for survey-based tracking of well-being. First, we develop a theory in which utility depends on "fundamental aspects" of well-being, measurable with surveys. Second, drawing from psychologists, philosophers, and economists, we compile a...

"The midst of some of the most dramatic upheavals ever witnessed, both in the economy generally and in higher education in particular. The COVID-19 pandemic has produced levels of unemployment not seen since the Great Depression and has created dramatic changes in the ways we teach across...

Privacy considerations and their effects on behavior are becoming increasingly important. Yet the extremes of full and no privacy are rarely an option. How much does behavior change with small changes in privacy? Dekel et al. (2023) introduce the concept of privacy elasticity, the responsiveness...

National surveys are crucial for estimating key economic aggregates, including the unemployment rate, labor force participation, and household expenditures. The accuracy of these indicators is increasingly under scrutiny due to declining response rates and the consequent risk of nonresponse...