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Hedonic adaptation and the role of decision and experience utility in public policy

Citations

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Cited by:

  1. Adler, Matthew D. & Dolan, Paul & Henwood, Amanda & Kavetsos, Georgios, 2022. "“Better the devil you know”: Are stated preferences over health and happiness determined by how healthy and happy people are?," Social Science & Medicine, Elsevier, vol. 303(C).
  2. Qari, Salmai, 2014. "Marriage, adaptation and happiness: Are there long-lasting gains to marriage?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 50(C), pages 29-39.
  3. Christian Schubert, 2012. "Pursuing Happiness," Kyklos, Wiley Blackwell, vol. 65(2), pages 245-261, May.
  4. Ogorevc, Marko & Murovec, Nika & Fernandez, Natacha Bolanos & Rupel, Valentina Prevolnik, 2019. "Questioning the differences between general public vs. patient based preferences towards EQ-5D-5L defined hypothetical health states," Health Policy, Elsevier, vol. 123(2), pages 166-172.
  5. Sebastian Himmler & Jannis Stöckel & Job van Exel & Werner B. F. Brouwer, 2021. "The value of health—Empirical issues when estimating the monetary value of a quality‐adjusted life year based on well‐being data," Health Economics, John Wiley & Sons, Ltd., vol. 30(8), pages 1849-1870, August.
  6. Kreg Lindberg & Tommy Swearingen & Eric M. White, 2020. "Parallel Subjective Well-Being and Choice Experiment Evaluation of Ecosystem Services: Marine and Forest Reserves in Coastal Oregon, USA," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(1), pages 347-374, May.
  7. Park, Seollee & Kim, Hyuncheol Bryant, 2026. "The effects of nutrition support on behavioral outcomes and labor productivity," Journal of Development Economics, Elsevier, vol. 179(C).
  8. Dalton, Patricio S. & Ghosal, Sayantan, 2013. "Characterizing Behavioral Decisions with Choice Datas," SIRE Discussion Papers 2013-86, Scottish Institute for Research in Economics (SIRE).
  9. Nattavudh Powdthavee, 2012. "Resilience to Economic Shocks and the Long Reach of Childhood Bullying," CEP Discussion Papers dp1173, Centre for Economic Performance, LSE.
  10. Perez-Truglia, Ricardo, 2012. "On the causes and consequences of hedonic adaptation," Journal of Economic Psychology, Elsevier, vol. 33(6), pages 1182-1192.
  11. Daniel J. Benjamin & Ori Heffetz & Miles S. Kimball & Alex Rees-Jones, 2012. "What Do You Think Would Make You Happier? What Do You Think You Would Choose?," American Economic Review, American Economic Association, vol. 102(5), pages 2083-2110, August.
  12. Dolan, Paul & Foy, Chloe & Kavetsos, Georgios & Kudrna, Laura, 2021. "Faster, higher, stronger… and happier? Relative achievement and marginal rank effects," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 95(C).
  13. DECANCQ, Koen & FLEURBAEY, Marc & SCHOKKAERT, Erik, 2014. "Inequality, income, and well-being," LIDAM Discussion Papers CORE 2014018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  14. Daniel J. Benjamin & Ori Heffetz & Miles S. Kimball & Nichole Szembrot, 2014. "Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference," American Economic Review, American Economic Association, vol. 104(9), pages 2698-2735, September.
  15. Guilhem Lecouteux & Ivan Mitrouchev, 2021. "The "View from Manywhere": Normative Economics with Context-Dependent Preferences," GREDEG Working Papers 2021-19, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
  16. Dalton, Patricio & Ghosal, Syantan, "undated". "Behavioural Decisions and Welfare," Economic Research Papers 269783, University of Warwick - Department of Economics.
  17. Carter, Steven & McBride, Michael, 2013. "Experienced utility versus decision utility: Putting the ‘S’ in satisfaction," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 42(C), pages 13-23.
  18. Ding, Zhao & Jiang, Yuansheng, 2020. "Experience, learning behavior, and rural households’ preferences for microfinance," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304308, Agricultural and Applied Economics Association.
  19. FLEURBAEY, Marc & SCHOKKAERT, Erik, 2011. "Equity in health and health care," LIDAM Discussion Papers CORE 2011026, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  20. Karen A. Tumanyants & Eugenia V. Gulyaeva, 2016. "Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1328-1337.
  21. repec:spo:wpmain:info:hdl:2441/vbu6kd1s68o6r34k5bcm3iopv is not listed on IDEAS
  22. Fırat Yaman & Patricia Cubí-Mollá & Sergiu Ungureanu, 2023. "Which Decision Theory Describes Life Satisfaction Best? Evidence from Annual Panel Data," Journal of Happiness Studies, Springer, vol. 24(3), pages 893-916, March.
  23. Smeele, Nicholas V.R. & van Cranenburgh, Sander & Donkers, Bas & Schermer, Maartje H.N. & de Bekker-Grob, Esther W., 2025. "Taboo trade-off aversion in choice behaviors: A discrete choice model and application to health-related decisions," Social Science & Medicine, Elsevier, vol. 386(C).
  24. Clément Bellet, 2017. "Essays on inequality, social preferences and consumer behavior [Inégalités, préférences sociales et comportement du consommateur]," Sciences Po Economics Publications (main) tel-03455045, HAL.
  25. Araña, Jorge E. & León, Carmelo J., 2013. "Dynamic hypothetical bias in discrete choice experiments: Evidence from measuring the impact of corporate social responsibility on consumers demand," Ecological Economics, Elsevier, vol. 87(C), pages 53-61.
  26. Georgios Kavetsos & Ichiro Kawachi & Ilias Kyriopoulos & Sotiris Vandoros, 2021. "The effect of the Brexit referendum result on subjective well‐being," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 184(2), pages 707-731, April.
  27. Chen Li & Zhihua Li & Peter Wakker, 2014. "If nudge cannot be applied: a litmus test of the readers’ stance on paternalism," Theory and Decision, Springer, vol. 76(3), pages 297-315, March.
  28. Robert Sugden, 2011. "The behavioural economist and the social planner: to whom should behavioural welfare economics be addressed?," Papers on Economics and Evolution 2011-21, Philipps University Marburg, Department of Geography.
  29. Xavier Jara & Erik Schokkaert, 2016. "Putting subjective well-being to use for ex-ante policy evaluation," Working Papers of Department of Economics, Leuven 553932, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
  30. Daniel J. Benjamin & Kristen Cooper & Ori Heffetz & Miles S. Kimball & Jiannan Zhou, 2023. "Adjusting for Scale-Use Heterogeneity in Self-Reported Well-Being," NBER Working Papers 31728, National Bureau of Economic Research, Inc.
  31. Guy Meunier & Ingmar Schumacher, 2020. "The importance of considering optimal government policy when social norms matter for the private provision of public goods," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(3), pages 630-655, June.
  32. Köke, Sonja & Perino, Grischa, 2017. "For "better" or "worse": a direct approach to elicit preference rankings from life-satisfaction data," WiSo-HH Working Paper Series 43, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
  33. Clément S. Bellet, 2017. "The paradox of the Joneses: superstar houses and mortgage frenzy in suburban America," CEP Discussion Papers dp1462, Centre for Economic Performance, LSE.
  34. Anne‐Laure Samson & Erik Schokkaert & Clémence Thébaut & Brigitte Dormont & Marc Fleurbaey & Stéphane Luchini & Carine Van de Voorde, 2018. "Fairness in cost‐benefit analysis: A methodology for health technology assessment," Health Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 102-114, January.
  35. Anna Maffioletti, Agata Maida, Francesco Scacciati, 2019. "Happiness, life satisfaction, well-being: survey design and response analysis," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 16(2), pages 277-312, December.
  36. Tetsuya Matsubayashi & Michiko Ueda, 2012. "Government Partisanship and Human Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 107(1), pages 127-148, May.
  37. Cheng, Xiu & Long, Ruyin & Chen, Hong, 2020. "A policy utility dislocation model based on prospect theory: A case study of promoting policies with low-carbon lifestyle," Energy Policy, Elsevier, vol. 137(C).
  38. Aronsson, Thomas & Schöb, Ronnie, 2012. "Adaptation, Anticipation-Bias and Optimal Income Taxation," Umeå Economic Studies 842, Umeå University, Department of Economics.
  39. Karen Huang & Regan M. Bernhard & Netta Barak-Corren & Max Bazerman & Joshua D. Greene, 2021. "Veil-of-ignorance reasoning mitigates self-serving bias in resource allocation during the COVID-19 crisis," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(1), pages 1-19, January.
  40. Rachel Croson & Nicolas Treich, 2014. "Behavioral Environmental Economics: Promises and Challenges," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(3), pages 335-351, July.
  41. Perez Truglia, Ricardo Nicolas & Bottan, Nicolas Luis, 2008. "Deconstructing the Hedonic Treadmill: Is Happiness Autoregressive?," MPRA Paper 20340, University Library of Munich, Germany.
  42. Dalton, P.S. & Ghosal, S., 2010. "Behavioral Decisions and Welfare (Replaces CentER DP 2010-22)," Other publications TiSEM 274e6102-4c86-4ca9-8d67-8, Tilburg University, School of Economics and Management.
  43. Pudney, Stephen, 2011. "Perception and retrospection: The dynamic consistency of responses to survey questions on wellbeing," Journal of Public Economics, Elsevier, vol. 95(3-4), pages 300-310, April.
  44. Bottan, Nicolas Luis & Perez Truglia, Ricardo, 2011. "Deconstructing the hedonic treadmill: Is happiness autoregressive?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(3), pages 224-236, May.
  45. Laura Kudrna & Georgios Kavetsos & Chloe Foy & Paul Dolan, 2016. "Without my Medal on my Mind: Counterfactual Thinking and Other Determinants of Athlete Emotions," Working Papers 66, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
  46. Daniel McFadden, 2017. "Foundations of Welfare Economics and Product Market Applications," NBER Working Papers 23535, National Bureau of Economic Research, Inc.
  47. Comerford, David A., 2011. "Attenuating focalism in affective forecasts of the commuting experience: Implications for economic decisions and policy making," Journal of Economic Psychology, Elsevier, vol. 32(5), pages 691-699.
  48. Nicholas Barr & Peter Diamond, 2009. "Reforming pensions: Principles, analytical errors and policy directions," International Social Security Review, John Wiley & Sons, vol. 62(2), pages 5-29, April.
  49. Fredrik Carlsson, 2010. "Design of Stated Preference Surveys: Is There More to Learn from Behavioral Economics?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(2), pages 167-177, June.
  50. Hajdu, Tamás & Hajdu, Gábor, 2011. "A hasznosság és a relatív jövedelem kapcsolatának vizsgálata magyar adatok segítségével [Examining the relation of utility and relative income using Hungarian data]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 56-73.
  51. Koen Decancq & Marc Fleurbaey & Erik Schokkaert, 2015. "Happiness, Equivalent Incomes and Respect for Individual Preferences," Economica, London School of Economics and Political Science, vol. 82, pages 1082-1106, December.
  52. Huang, Li & Frijters, Paul & Dalziel, Kim & Clarke, Philip, 2018. "Life satisfaction, QALYs, and the monetary value of health," Social Science & Medicine, Elsevier, vol. 211(C), pages 131-136.
  53. Marc Fleurbaey, 2012. "The importance of what people care about," Politics, Philosophy & Economics, , vol. 11(4), pages 415-447, November.
  54. Adler, Matthew D. & Dolan, Paul & Kavetsos, Georgios, 2017. "Would you choose to be happy? Tradeoffs between happiness and the other dimensions of life in a large population survey," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 60-73.
  55. Clément Bellet, 2017. "Essays on inequality, social preferences and consumer behavior [Inégalités, préférences sociales et comportement du consommateur]," SciencePo Working papers tel-03455045, HAL.
  56. Zhihua Li & Kirsten I. M. Rohde & Peter P. Wakker, 2017. "Improving one’s choices by putting oneself in others’ shoes – An experimental analysis," Journal of Risk and Uncertainty, Springer, vol. 54(1), pages 1-13, February.
  57. Valérie Clément & Nathalie Moureau & Marion Vidal, 2009. "À la recherche des biens sous tutelle," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(4), pages 383-401.
  58. Patricio S. Dalton & Sayantan Ghosal, 2011. "Behavioral Decisions and Policy," CESifo Economic Studies, CESifo Group, vol. 57(4), pages 560-580, December.
  59. Dalton, Patricio & Ghosal, Sayantan, 2018. "Self-fulfilling mistakes : Characterization and welfare," Other publications TiSEM 4ea1a236-5307-4b4b-b268-e, Tilburg University, School of Economics and Management.
  60. Guilhem Lecouteux & Ivan Mitrouchev, 2022. "Preference purification in behavioural welfare economics: an impossibility result," Working Papers hal-03791972, HAL.
  61. Ben McQuillin & Robert Sugden, 2012. "Reconciling normative and behavioural economics: the problems to be solved," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(4), pages 553-567, April.
  62. Elvik, Rune, 2025. "What can empirical utility functions tell us about the value of a statistical life?," Research in Transportation Economics, Elsevier, vol. 110(C).
  63. Chen, Daniel L. & Loecher, Markus, 2016. "Mood and the Malleability of Moral Reasoning: The Impact of Irrelevant Factors on Judicial Decisions," IAST Working Papers 16-49, Institute for Advanced Study in Toulouse (IAST), revised Sep 2019.
  64. George Loewenstein, 2009. "That Which Makes Life Worthwhile," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 87-106, National Bureau of Economic Research, Inc.
  65. Stöckel, Jannis & van Exel, Job & Brouwer, Werner B.F., 2023. "Adaptation in life satisfaction and self-assessed health to disability - Evidence from the UK," Social Science & Medicine, Elsevier, vol. 328(C).
  66. Nicholas Barr & Peter Diamond, 2008. "Reforming Pensions," Working Papers, Center for Retirement Research at Boston College wp2008-26, Center for Retirement Research.
  67. Chen, Daniel L., 2016. "Mood and the Malleability of Moral Reasoning," TSE Working Papers 16-707, Toulouse School of Economics (TSE), revised Feb 2017.
  68. Powdthavee, Nattavudh & Stutzer, Alois, 2014. "Economic Approaches to Understanding Change in Happiness," IZA Discussion Papers 8131, IZA Network @ LISER.
  69. Tamekloe Michael Kossivi & Abiemo Edem Jerome & Niangue Josephine Andrea, 2025. "Examining Smallholder Farmers’ Needs for Irrigated Crop Production: Insights from South Tongu District, Ghana," International Journal of Environmental Sciences, IPRJB, vol. 8(1), pages 44-76.
  70. H. Xavier Jara & Erik Schokkaert, 2017. "Putting measures of individual well-being to use for ex-ante policy evaluation," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 15(4), pages 421-440, December.
  71. Collewet, Marion, 2014. "Approaches to well-being, use of psychology and paternalism in economics," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 8, pages 1-25.
  72. Ad Bergsma & Ruut Veenhoven & Margreet Have & Ron Graaf, 2011. "Do They Know How Happy They Are? On the Value of Self-Rated Happiness of People With a Mental Disorder," Journal of Happiness Studies, Springer, vol. 12(5), pages 793-806, October.
  73. Michael Hoerger, 2012. "Coping strategies and immune neglect in affective forecasting: Direct evidence and key moderators," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 7(1), pages 86-96, January.
  74. Powdthavee, Nattavudh, 2014. "What childhood characteristics predict psychological resilience to economic shocks in adulthood?," Journal of Economic Psychology, Elsevier, vol. 45(C), pages 84-101.
  75. Guo, Christopher & Costello, Christopher, 2013. "The value of adaption: Climate change and timberland management," Journal of Environmental Economics and Management, Elsevier, vol. 65(3), pages 452-468.
  76. Marco Fabbri & Michael Faure, 2018. "Toward a “constitution” for behavioral policy-making," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(3), pages 241-270, September.
  77. Bruno Frey & Alois Stutzer, 2012. "The use of happiness research for public policy," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(4), pages 659-674, April.
  78. Thébaut, Clémence, 2013. "Dealing with moral dilemma raised by adaptive preferences in health technology assessment: The example of growth hormones and bilateral cochlear implants," Social Science & Medicine, Elsevier, vol. 99(C), pages 102-109.
  79. Koen Decancq & Erik Schokkaert, 2016. "Beyond GDP: Using Equivalent Incomes to Measure Well-Being in Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(1), pages 21-55, March.
  80. Odermatt, Reto & Stutzer, Alois, 2017. "Subjective Well-Being and Public Policy," IZA Discussion Papers 11102, IZA Network @ LISER.
  81. Marcus Klemm, 2022. "Well-being Changes from Year to Year: A Comparison of Current, Remembered and Predicted Life Satisfaction," Journal of Happiness Studies, Springer, vol. 23(4), pages 1669-1681, April.
  82. Han Bleichrodt & Peter P. Wakker, 2015. "Regret Theory: A Bold Alternative to the Alternatives," Economic Journal, Royal Economic Society, vol. 0(583), pages 493-532, March.
  83. FLEURBAEY, Marc & SCHOKKAERT, Erik, 2011. "Behavioral fair social choice," LIDAM Discussion Papers CORE 2011043, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  84. Howley, P.; & Knight, S.;, 2018. "Taking pleasure from neighbours’ misfortune: Comparison effects, social norms and the well-being of the unemployed," Health, Econometrics and Data Group (HEDG) Working Papers 18/02, HEDG, c/o Department of Economics, University of York.
  85. Juan Palacios & Piet Eichholtz & Nils Kok, 2020. "Moving to productivity: The benefits of healthy buildings," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-17, August.
  86. Anna Alexandrova & Daniel M. Haybron, 2011. "High-Fidelity Economics," Chapters, in: John B. Davis & D. Wade Hands (ed.), The Elgar Companion to Recent Economic Methodology, chapter 5, Edward Elgar Publishing.
  87. Bazyli Czyżewski & Artur Prędki & Agnieszka Brelik, 2024. "Importance of women empowerment for eco‐efficiency of small farms in the context of other social factors: Building sustainable agriculture in Central and Eastern European countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(5), pages 5550-5566, October.
  88. Guilhem Lecouteux & Ivan Mitrouchev, 2025. "Inferring welfare from inconsistent choices: how values matter," Post-Print hal-05167776, HAL.
  89. Charles M. Harvey & Lars Peter Østerdal, 2010. "Cardinal Scales for Health Evaluation," Decision Analysis, INFORMS, vol. 7(3), pages 256-281, September.
  90. Marc Fleurbaey & Erik Schokkaert, 2013. "Behavioral Welfare Economics and Redistribution," American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 180-205, August.
  91. Mattauch, Linus & Hepburn, Cameron, 2016. "Climate policy when preferences are endogenous – and sometimes they are," INET Oxford Working Papers 2016-04, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
  92. Bellet, Clement, 2017. "The paradox of the Joneses: superstar houses andmortgage frenzy in suburban America," LSE Research Online Documents on Economics 69044, London School of Economics and Political Science, LSE Library.
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