Showing 1 - 10 of 121
Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...
Persistent link: https://www.econbiz.de/10005656356
This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...
Persistent link: https://www.econbiz.de/10005662167
We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...
Persistent link: https://www.econbiz.de/10005662301
There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per …-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with …
Persistent link: https://www.econbiz.de/10005822021
When a society overthrows a ruler – call the ruler Caesar – what determines whether Caesar is killed or enslaved? This paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power. The model pertains to societies which value...
Persistent link: https://www.econbiz.de/10005822039
this paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely … be replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is … large body of data on happiness that is unavailable on the U-index. For example, according to happiness research well …
Persistent link: https://www.econbiz.de/10005822147
happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …
Persistent link: https://www.econbiz.de/10005822440
On almost all measures of physical health, Scots fare worse than residents of any other region of the UK and often worse than the rest of Europe. Deaths from chronic liver disease and lung cancer are particularly prevalent in Scotland. The self-assessed wellbeing of Scots is lower than that of...
Persistent link: https://www.econbiz.de/10005822477
This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …
Persistent link: https://www.econbiz.de/10005822578
happiness. In this literature it is usually assumed that reference standards against which people compare themselves are …
Persistent link: https://www.econbiz.de/10005822641