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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18927 |
来源ID | Working Paper 18927 |
Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices | |
Daniel J. Benjamin; Ori Heffetz; Miles S. Kimball; Alex Rees-Jones | |
发表日期 | 2013-03-28 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We survey 561 students from U.S. medical schools shortly after they submit choice rankings over residencies to the National Resident Matching Program. We elicit (a) these choice rankings, (b) anticipated subjective well-being (SWB) rankings, and (c) expected features of the residencies (such as prestige). We find substantial differences between choice and anticipated-SWB rankings in the implied tradeoffs between residency features. In our data, evaluative SWB measures (life satisfaction and Cantril's ladder) imply tradeoffs closer to choice than does affective happiness (even time-integrated), and as close as do multi-measure SWB indices. We discuss implications for using SWB data in applied work. |
主题 | Econometrics ; Data Collection ; Microeconomics ; Behavioral Economics ; Welfare and Collective Choice |
URL | https://www.nber.org/papers/w18927 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576602 |
推荐引用方式 GB/T 7714 | Daniel J. Benjamin,Ori Heffetz,Miles S. Kimball,et al. Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices. 2013. |
条目包含的文件 | 条目无相关文件。 |
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