The nature of beauty has been debated in philosophy for thousands of years. Recently, cognitive neuroscientists have sought to elucidate this issue by exploring the neural basis for the experience of beauty. However, the neural representations of beauty remain poorly understood, especially regarding whether various forms of beauty, such as the beauty of faces and the beauty of art, share a comm...

We measure the impact of individuals’ looks on their life satisfaction or happiness. Using four data sets, the Quality of American Life surveys from the 1970s, the British National Child Development Study, and the Wisconsin Longitudinal Survey, we construct the beauty measures in different ways that allow putting a lower bound on the true effects of beauty. Personal beauty raises happiness, wit...

This paper develops a general equilibrium exchange rate model consistent with the weak empirical evidence supporting the law of one price. Some firms segment markets by country, and set prices in local currency of sale, a practice we refer to as pricing-to-market (PTM). The presence of PTM increases exchange rate volatility, relative to a situation where the law of one price holds. PTM also aff...

Notions of beauty have evolved through history and are culture-specific. In the Western world one concept which has been linked to beauty is that of kalokagathía, an ideal that unites physical beauty and moral value in a human being. This notion was inherited from Antiquity and was modified during the Middle Ages, when much more attention was paid to the fate of the soul, and further modified d...

We use the QCD sum rule approach to calculate the splitting between vector and pseudoscalar mesons containing one light and one heavy quark, and the kinetic energy of the heavy quark. Our result for the splitting induced by the chromomagnetic interaction agrees to the experimental data on charm and beauty mesons. For the matrix element of the kinetic energy operator, we obtain the value K = −(0...