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The empirical relation between happiness and religiosity is considered from the perspective of basic utility theory. An … function, which itself is held to be a proxy for the utility function. We find that the same level of happiness can be …
Persistent link: https://www.econbiz.de/10010356040
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …
Persistent link: https://www.econbiz.de/10010440430
Persistent link: https://www.econbiz.de/10003691318
In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical … inequality aversion utility function using datasets available from the Luxembourg Income Study Database. We utilise the method of …
Persistent link: https://www.econbiz.de/10012887975
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010423769
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010462001
interpretation of the empirical results is that the indifference curves for religiosity and other commodities of the utility function …
Persistent link: https://www.econbiz.de/10013126690
interpretation of the empirical results is that the indifference curves for religiosity and other commodities of the utility function … are hump-shaped. -- Happiness ; religiosity ; utility function ; long-run development …
Persistent link: https://www.econbiz.de/10008909543
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