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Recent Advances in the Economics of Individual Subjective Well-Being

Stutzer, Alois; Frey, Bruno S. - Wirtschaftswissenschaftliches Zentrum <Basel> - 2010

stimulus to the discourse on individual happiness.Recently this research has also been linked to economics where reported … where the economic research on happiness stands and of threedirections it might develop. First, it offers new ways for … gained from the study of individual happiness in economics affectpublic policy. …

Persistent link: https://www.econbiz.de/10008845690

The Life Satisfaction Approach to Environmental Valuation

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois : … - Wirtschaftswissenschaftliches Zentrum <Basel> - 2009

In many countries environmental policies and regulations are implemented to improveenvironmental quality and thus individuals’ well-being. However, how do individuals valuethe environment? In this paper, we review the Life Satisfaction Approach (LSA) representinga new non-market valuation...

Persistent link: https://www.econbiz.de/10008845714

A Generalization of the Calendar Time Portfolio Approach and the Performance of Private Investors

Hoechle, Daniel; Schmid, Markus M.; Zimmermann, Heinz - Wirtschaftswissenschaftliches Zentrum <Basel> - 2008

We present a regression-based generalization of the calendar time portfolio approach which allows for decomposing the risk-adjusted performance of private investors (or firms or mutual funds) into multivariate and continuous subject characteristics. Our technique remedies several well-known...

Persistent link: https://www.econbiz.de/10005862642

Economic Consequences of Mispredicting Utility

Frey, Bruno S.; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2008

A framework is proposed for organizing phenomena related to the (mis)predictionof utility, in particular neglecting adaptation. A categorization is introduced that accounts forasymmetries in misprediction. In decision-making, goods and activities satisfying extrinsicdesires are more salient than...

Persistent link: https://www.econbiz.de/10005867780

Approval of Equal Rights and GenderDifferences in Well-Being

Lalive, Rafael; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2007

Women earn less than men but are not less satisfied with life. This paperexplores whether norms regarding the appropriate pay for women compared to menmay explain these findings. In order to capture the spatial variation in such norms, wetake community level information on citizens’ approval...

Persistent link: https://www.econbiz.de/10005867866

The Happiness Gains From Sorting and Matching inthe Labor Market

Luechinger, Simon; Stutzer, Alois; Winkelmann, Rainer … - Universität <Zürich> / Rechts-, Staats- und …; … - 2007

Sorting of people on the labor market not only assures the most productive use of valuableskills but also generates individual utility gains if people experience an optimal match betweenjob characteristics and their preferences. Based on individual data on subjective well-being it ispossible to...

Persistent link: https://www.econbiz.de/10005867868

Limited Self-Control, Obesity andthe Loss of Happiness

Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2007

. We propose the economics of happiness as an approach to study thephenomenon. Based on proxy measures for experienced …

Persistent link: https://www.econbiz.de/10005867873

TV Channels, Self Control and Happiness

Benesch, Christine; Frey, Bruno S.; Stutzer, Alois - Institut für Empirische Wirtschaftsforschung <Zürich>; … - 2006

In many countries, TV viewers have access to more and more TVchannels. We study whether people can cope with this and watch the amount of TVthey find optimal for themselves or whether they are prone to over-consumption. Wefind that heavy TV viewers do not benefit, but instead report lower life...

Persistent link: https://www.econbiz.de/10005867923

What Happiness Research Can Tell Us AboutSelf-Control Problems And Utility Misprediction

Stutzer, Alois; Frey, Bruno S. - Wirtschaftswissenschaftliches Zentrum <Basel> - 2006

utility. We propose the economics of happiness as a methodologicalapproach to study these phenomena. Based on proxy measures …

Persistent link: https://www.econbiz.de/10005868350

Is Volunteering Rewarding in Itself?

Meier, Stephan; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2006

Volunteering constitutes one of the most important pro-social activities. FollowingAristotle, helping others is the way to higher individual well-being. This view contrasts with theselfish utility maximizer who avoids costs from helping others. The two rival views are studiedempirically. We find...

Persistent link: https://www.econbiz.de/10005868352