Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility …', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences …

It is shown that any completely preordered topological real algebra admits a continuous utility representation which is … utility pace is discussed …

Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is … ambiguous. Prosocial utility may depend on the actual utility consequences for others – it is consequence-dated – or it may be …-offs, existing models of other-regarding preferences abstract from the time signature of utility flows, limiting their explanatory …

Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than … commodities in utility functions. We then use the evidence of price discrimination in product markets against minorities in the U …

utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can … influence their wages by exerting effort, myopic utility maximization directly implies increasing and concave shaped wage … waves of the German Socio-Economic Panel we find empirical support for both the form of the utility function and the …

date. The Arrow-Pratt coefficients are properties of the utility functions, but a number of estimates are obtained by …

If the marginal utility of consumption depends on health status, this will affect the economic analysis of a number of … marginal utility of consumption. Our basic conclusion is that while none of these approaches is a panacea, many offer the …