Behavioral economics attempts to integrate insights from psychology, neuroscience, and sociology in order to better predict individual outcomes and develop more effective policy. While the field has been successfully applied to many areas, education has, so far, received less attention - a...

This paper surveys the economics literature on overeducation. The original motivation to study this topic were reports that the strong increase in the number of college graduates in the early 1970s in the US led to a decrease in the returns to college education. We argue that Duncan and...

Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective wellbeing is often taken as a proxy measure for...

Die hier vorgestellten Überlegungen nehmen direkt Bezug auf die im Zuge der projektinternen Synopse identifizierten Unzulänglichkeiten aktuell diskutierter Wohlfahrts- und grüner Wachstumskonzepte in ihrem Verhältnis zu dem bislang in der Bundesrepublik Deutschland etablierten...

What makes people happy in life? This is a crucial question that has the potential to shake up economics. In recent years, the dissatisfaction with the understanding of welfare in economics together with the new opportunities to empirically study people's subjective wellbeing have spurred...

Der vorliegende Beitrag ist eine Kurzfassung zur Studie I im Rahmen des Projektes Eckpunkte eines ökologisch tragfähigen Wohlfahrtskonzepts als Grundlage für umweltpolitische Innovations- und Transformationsprozesse für das Bundesumweltministerium (BMU). Die Auswertung hatte zum Ziel,...