Ontology highlight
ABSTRACT:
SUBMITTER: Benjamin DJ
PROVIDER: S-EPMC3532045 | biostudies-literature | 2012 Aug
REPOSITORIES: biostudies-literature
Benjamin Daniel J DJ Kimball Miles S MS Heffetz Ori O Rees-Jones Alex A
The American economic review 20120801 5
Would people choose what they think would maximize their subjective well-being (SWB)? We present survey respondents with hypothetical scenarios and elicit both choice and predicted SWB rankings of two alternatives. While choice and predicted SWB rankings usually coincide in our data, we find systematic reversals. We identify factors-such as predicted sense of purpose, control over one's life, family happiness, and social status-that help explain hypothetical choice controlling for predicted SWB. ...[more]