EconStor Collection:
http://hdl.handle.net/10419/39
2024-03-19T08:57:52ZCausal linkages between work and life satisfaction and their determinants in a structural VAR approach
http://hdl.handle.net/10419/104591
Title: Causal linkages between work and life satisfaction and their determinants in a structural VAR approach
Authors: Coad, Alex; Binder, Martin
Abstract: Work and life satisfaction depend on a number of pecuniary and non-pecuniary factors at the workplace and determine these in turn. We analyze these causal linkages using a structural vector autoregression approach for a German sample of the working populace from 1984-2008.2013-01-01T00:00:00ZAutonomy-enhancing paternalism
http://hdl.handle.net/10419/88248
Title: Autonomy-enhancing paternalism
Authors: Binder, Martin; Lades, Leonhard K.
Abstract: Behavioral economics has shown that individuals sometimes make decisions that are not in their best interest. This insight has prompted calls for behaviorally-informed policy interventions popularized under the notion of libertarian paternalism. This type of soft paternalism aims at helping individuals without reducing their freedom of choice. We highlight three problems of libertarian paternalism: the difficulty to detect what is in the best interest of an individual, the focus on freedom of choice at the expense of a focus on autonomy, and the neglect of the dynamic effects of libertarian paternalistic policy interventions. We present a form of soft paternalism called autonomy- enhancing paternalism that seeks to constructively remedy these problems. Autonomyenhancing paternalism suggests using insights from subjective well-being research in order to determine what makes individuals better off. It imposes an additional constraint on the set of permissible interventions highlighting the importance of autonomy in the sense of the capability to make critically reflected, i.e. autonomous, decisions. Finally, it acknowledges that behavioral interventions can change the strength of individual decision making anomalies over time as well as influence individual preference learning. We illustrate the differences between libertarian paternalism and autonomy-enhancing paternalism in a simple formal model in the context of optimal sin nudges.2013-01-01T00:00:00ZConscientious consumers? Preferences, personality and expenditure in the UK
http://hdl.handle.net/10419/104587
Title: Conscientious consumers? Preferences, personality and expenditure in the UK
Authors: Volland, Benjamin
Abstract: While the importance of personality for understanding differences in labor market outcomes has come to be increasingly appreciated by economic scholars, little research has so far focused on the question whether these measures also explain some of the individual heterogeneity in demand behavior. Using data from the British Household Panel Survey, this study provides evidence for the relationship between the Big Five personality traits and expenditures for food away from home and other leisure activities. Additionally, we assess the relationship between dimensions of personality and individual preferences in predicting expenditure on these categories. Results indicate that aspects of personality predict a nonnegligible part of expenditure behavior, and that these effects are independent of the individual's preference stock. Our results provide empirical support for approaches that include personality as a constraint into economic models of human behavior.2013-01-01T00:00:00ZEvolutionary economics
http://hdl.handle.net/10419/104588
Title: Evolutionary economics
Authors: Dopfer, Kurt2013-01-01T00:00:00Z