Some Uses of Happiness Data in Economics

@article{Tella2006SomeUO,
  title={Some Uses of Happiness Data in Economics},
  author={Rafael M. Di Tella and Robert J. MacCulloch},
  journal={Journal of Economic Perspectives},
  year={2006},
  volume={20},
  pages={25-46}
}
Happiness research is based on the idea that it is fruitful to study empirical measures of individual welfare. The most common is the answer to a simple well-being question such as "Are you Happy?" Hundreds of thousands of individuals have been asked this question, in many countries and over many years. Researchers have begun to use these data to tackle a variety of important questions in economics. Some require strong assumptions concerning interpersonal comparisons of utility, but others make… 

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