OBJECTIVE Work stress contributes to risk of coronary heart disease and hypertension. This study tested the influence of job control on ambulatory blood pressure, and ratings of perceived stress and happiness in men and women systematically sampled by socio-economic status from the Whitehall II epidemiological cohort. PARTICIPANTS A total of 227 men and women aged 47-59 years sampled from hig...

The standard economic model of decision making assumes a decision maker makes her choices to maximize her utility or happiness. Her current emotional state is not explicitly considered. Yet there is a large psychological literature that shows that current emotional state, in particular positive affect, has a significant effect on decision making, problem solving, and behavior. This paper offers...

Positional” (also called “prestige”) goods confer status on their consumers. However, this increased status is offset by reduced status to others, resulting in no direct net benefit to society. As wealth increases so does the portion of consumption motivated by positional value. Many mobility-related goods and services have positional value, including vehicle ownership and use, and exotic holid...

For most people, the idea that individuals compare themselves to others in determining their own utility, that is, their sense of happiness or well-being, rings true. Memories from the school yard, the neighborhood, and the workplace support the notion that we care both about our own accomplishments and how they stack up against those of others.While economists are not immune to such interperso...

The review of the main topics Third International Scientific Conference “Happiness and Contemporary Society” held in Ukraine on March 20, 2022 dur­ing war with russia are presented. ideas published Proceedings conference which promising for further elaboration reasons pro­moting national, cultural economic growth Ukraine, analyzed. ef­fectiveness happiness-oriented approach interdisciplinary re...

What determines people’s moral judgments of selfish behaviors? Here we study whether people’s normative views in trust and gift exchange games, which underlie many situations of economic and social significance, are themselves functions of positive emotions. We used experimental survey methods to investigate people’s moral judgments empirically, and explored whether we could influence subsequen...

This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1) fiscal policy, (2) governmen...