Showing 1 - 10 of 2,580
Persistent link: https://www.econbiz.de/10011526062
A cross-regional econometric analysis suggests that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise s elf-reported individual well-being. This positive effect can be attributed to...
Persistent link: https://www.econbiz.de/10009781520
Based on survey data for Switzerland, new empirical findings on direct democracy are presented. In the first part, we show that, on average, public employees receive lower financial compensation under more direct democratic institutions. However, top bureaucrats are more constrained in direct de...
Persistent link: https://www.econbiz.de/10009781717
We propose that outcome utility and process utility can be distinguished and empirically measured. People gain procedural utility from participating in the political decision-making process itself, irrespective of the outcome. Nationals enjoy both outcome and process utility, while foreigners...
Persistent link: https://www.econbiz.de/10011398899
Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that happiness research is able to contribute important...
Persistent link: https://www.econbiz.de/10011398921
This paper discusses a novel approach to elicit people s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10011402544
Persistent link: https://www.econbiz.de/10001759257
This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10002039247
Persistent link: https://www.econbiz.de/10001661080
We propose that outcome utility and process utility can be distinguished and empirically measured. People gain procedural utility from participating in the political decision-making process itself, irrespective of the outcome. Nationals enjoy both outcome and process utility, while foreigners...
Persistent link: https://www.econbiz.de/10001606669