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On the Common Claim that Happiness Equations Demonstrate Diminishing Marginal Utility of Income
Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2005
It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing …
Persistent link: https://www.econbiz.de/10005763588
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On the common claim that happiness equations demonstrate diminishing marginal utility of income
Oswald, Andrew J. (contributor) - 2005
function and concavity of the reporting function. -- happiness ; money ; marginal utility ; curvature ; concave …It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing …
Persistent link: https://www.econbiz.de/10003257643
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On the Common Claim that Happiness Equations Demonstrate Diminishing Marginal Utility of Income
Oswald, Andrew J. - 2021
It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing …
Persistent link: https://www.econbiz.de/10013318231
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On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings
Oswald, Andrew J. - 2021
I suggest the idea of a reporting function, r(.), from reality to feelings. The 'happiness' literature claims we have … demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)'s curvature is crucial. A quasi …
Persistent link: https://www.econbiz.de/10013325339
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On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings
Oswald, Andrew J - Department of Economics, University of Warwick - 2008
I suggest the idea of a reporting function, r(.), from reality to feelings. The ‘happiness’ literature claims we have … demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)’s curvature is crucial. A quasi …
Persistent link: https://www.econbiz.de/10005368604
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On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings
Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2008
I suggest the idea of a reporting function, r(.), from reality to feelings. The ‘happiness’ literature claims we have … demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)’s curvature is crucial. A quasi …
Persistent link: https://www.econbiz.de/10005703689
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Hedonic capital
Graham, Liam; Oswald, Andrew J. - 2006
This paper proposes a new way to think about happiness. It distinguishes between stocks and flows. Central to the …
Persistent link: https://www.econbiz.de/10010267560
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Does happiness adapt? A longitudinal study of disability with implications for economists and judges
Oswald, Andrew J.; Powdthavee, Nattavudh - 2006
Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...
Persistent link: https://www.econbiz.de/10010267773
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Well-being across America
Oswald, Andrew J.; Wu, Stephen - 2009
This paper uses new Behavioral Risk Factor Surveillance System data to provide the first estimates of well-being across the states of America. From this sample of 1.3 million US citizens, we analyze measures of life satisfaction and mental health. Adjusting for people's characteristics, states...
Persistent link: https://www.econbiz.de/10010269501
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Hedonic capital
Graham, Liam (contributor); Oswald, Andrew J. (contributor) - 2006
This paper proposes a new way to think about happiness. It distinguishes between stocks and flows. Central to the … adaptation. -- adaptation ; wellbeing ; evolution ; happiness ; habituation …
Persistent link: https://www.econbiz.de/10003309276