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Full-Text Articles in Behavioral Economics
Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu
Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu
Master's Theses
Everyone wants to be happy. Happiness however never seems to be a national goal. A possible answer is that happiness is subjective and on its own may not be reflective of the economic status of a country. Therefore, should people’s happiness should be treated equally with other traditional economic measurements? This cross-country level study looks at the relationship between happiness and traditional economic measurements; mainly GDP per capita. Questions concerning whether GDP per capita indeed captures the overall well-being of a citizen and happiness’ eligibility as an economic measurement are addressed. Findings confirm that happiness and GDP per capita are …
Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli
Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli
Honors Theses
Social preferences have generated much interest in recent economic literature. While reciprocity has been closely examined by several economists using gift exchange and other games, much of their focus is on the effect of intentions and motivations. Instead, I focus on two strictly outcome-based factors in the context of a trust game: sacrifice made by the giver and benefit received by the recipient. I attempt to isolate these influences by varying the multiplier across variations of the trust game to create comparison groups that differ in one of these factors, but not both. Unable to control for all expected sources …