How Important is Methodology for the Estimates of the Determinants of Happiness?
Psychologists and sociologists usually interpret happiness scores as cardinal and comparable across respondents, and thus run OLS regressions on happiness and changes in happiness. Economists usually…
Income and well-being: an empirical analysis of the comparison income effect
- A. Ferrer-i-Carbonell
- 1 June 2005
Happiness Quantified: A Satisfaction Calculus Approach
How do we measure happiness? Focusing on subjective measures as a proxy for welfare and well-being, this book finds ways to do that. Subjective measures have been used by psychologists, sociologists,…
The Anatomy of Subjective Well-Being
This paper contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing,…
Linking Measured Risk Aversion to Individual Characteristics
From the stated price of a specified lottery in three unrelated surveys we deduce individuals' Arrow-Pratt measure of risk aversion. We find that risk aversion indeed falls with income and wealth.…
Environmental degradation and happiness
The ex post impact of an energy tax on household energy demand
Monetary valuation of informal care: the well-being valuation method.
It is concluded that the well-being valuation method is a useful complement to the more traditional valuation methods in the health economics literature in general and more particularly for the economic valuation of informal care: it includes all costs and effects associated with providing care from the perspective of the informal caregiver, it is relatively cheap to implement, and it offers an additional possibility to determine the convergent validity of the different monetary valuation methods.
Hidden Consequences of Success in Pediatrics: Parental Health-Related Quality of Life—Results From the Care Project
- J. Hatzmann, H. Heymans, A. Ferrer-i-Carbonell, B. van Praag, M. Grootenhuis
- Medicine, PsychologyPediatrics
- 1 November 2008
Parents of chronically ill children report a seriously lower health-related quality of life, which should receive attention and supportive care if necessary, and a family-centered approach in pediatrics is recommended.
Subjective Questions to Measure Welfare and Well-being
- A. Ferrer-i-Carbonell
- Economics, Psychology
- 15 February 2002
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being…