Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/33766
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dc.contributor.authorOswald, Andrew J.en_US
dc.contributor.authorPowdthavee, Nattavudhen_US
dc.date.accessioned2007-02-08en_US
dc.date.accessioned2010-07-07T09:51:10Z-
dc.date.available2010-07-07T09:51:10Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/33766-
dc.description.abstractEconomics 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 to severe disability, however, is shown to be incomplete. The paper suggests ways to calculate the level of compensatory damages for the pain and suffering from disablement. Courts all over the world currently use ad hoc methods.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion Papers |x2208en_US
dc.subject.jelD1en_US
dc.subject.jelI3en_US
dc.subject.jelI31en_US
dc.subject.jelK0en_US
dc.subject.ddc330en_US
dc.subject.keyworddisabilityen_US
dc.subject.keywordadaptationen_US
dc.subject.keywordhappinessen_US
dc.subject.keywordlegal compensationen_US
dc.subject.keywordwellbeingen_US
dc.subject.keywordGHQ scoresen_US
dc.subject.stwErwerbsunfähigkeiten_US
dc.subject.stwLebenszufriedenheiten_US
dc.subject.stwLebensqualitäten_US
dc.subject.stwMessungen_US
dc.subject.stwTheorieen_US
dc.titleDoes happiness adapt? A longitudinal study of disability with implications for economists and judgesen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn523982402en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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