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This paper explores the potential of using subjective well-being (SWB) data to valueenvironmental attributes. A theoretical framework compares this method, also known as the lifesatisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As...
Persistent link: https://www.econbiz.de/10009465958
light on this seemingly paradoxical relationship between income and happiness. ‘Happiness’ remains an elusive concept, and …Happiness research is a new, rapidly growing and provocative aspect of economic science. In fact, there are now over 1 …,800 published papers on the subject, and it might be said that the ‘dismal science’ has come to be obsessed with happiness. This …
Persistent link: https://www.econbiz.de/10009448119
-being, the functional forms relying on income adaptation and social comparisons put forward in the happiness literature fail to … can be explained by changes in the income distribution and the concavity of the happiness function. Since 1975 in the … United-States practically all of the income gains have accrued to the richest 20% households. During that time, happiness has …
Persistent link: https://www.econbiz.de/10009476583
. It was hypothesised that a greater association might be found between satisfaction and equality of income distribution … rather than between satisfaction and size of income. The interrelationship between wealth (GDPpc), equality of income and … mean satisfaction for fifteen EU states was assessed over a four year period (1995-1998). Equality of income was …
Persistent link: https://www.econbiz.de/10009475682
This dissertation inquires into the relationship between income, aspirations, and life satisfaction in post …-transition Russia. It first explores the channels through which adaptation and social comparison contribute to higher income aspirations … the expectations contained in income aspirations. Higher aspirations reflect an increase in needs commensurate to changes …
Persistent link: https://www.econbiz.de/10009450924
satisfaction judgments are worked out: First, economic happiness research uses primarily socioeconomic characteristics (e.g. income … Verbrauchsmengen und Nutzen besteht. Dieses als Paradox der Zufriedenheit (happiness paradox) bezeichnete Ph?nomen wird damit erkl …Happiness research uses data on self-reported satisfaction to measure individuals? utilities. First empirical evidence …
Persistent link: https://www.econbiz.de/10009481012
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real terms. Ninety five per cent of the income of medical schemes was derived from membership fees. The average real growth … rate of income was 8.4 per cent, while net assets increased by only 3 per cent. An average deficit of R11.02 million …
Persistent link: https://www.econbiz.de/10009480497
Previous literature studying happiness, or subjective well-being, has mainly analyzedhappiness in relation to income … wellbeing.In addition, interaction effects between income and assets, and income and debt, will beexamined. Through the use of … find thatnon-monetary factors are very important in explaining one’s level of happiness. …
Persistent link: https://www.econbiz.de/10009468252