Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33766 
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dc.contributor.authorOswald, Andrew J.en
dc.contributor.authorPowdthavee, Nattavudhen
dc.date.accessioned2007-02-08-
dc.date.accessioned2010-07-07T09:51:10Z-
dc.date.available2010-07-07T09:51:10Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x2208en
dc.subject.jelD1en
dc.subject.jelI3en
dc.subject.jelI31en
dc.subject.jelK0en
dc.subject.ddc330en
dc.subject.keyworddisabilityen
dc.subject.keywordadaptationen
dc.subject.keywordhappinessen
dc.subject.keywordlegal compensationen
dc.subject.keywordwellbeingen
dc.subject.keywordGHQ scoresen
dc.subject.stwErwerbsunfähigkeiten
dc.subject.stwLebenszufriedenheiten
dc.subject.stwLebensqualitäten
dc.subject.stwMessungen
dc.subject.stwTheorieen
dc.titleDoes happiness adapt? A longitudinal study of disability with implications for economists and judges-
dc.type|aWorking Paperen
dc.identifier.ppn523982402en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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