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Replication data for: What Do You Think Would Make You Happier? What Do You Think You Would Choose?

Version
1
Resource Type
Dataset
Creator
  • Benjamin, Daniel J.
  • Heffetz, Ori
  • Kimball, Miles S.
  • Rees-Jones, Alex
Publication Date
2012-05-01
Description
  • Abstract

    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. We explore how our findings vary by SWB measure and by scenario. Our results have implications regarding the use of SWB survey questions as a proxy for utility. (JEL D03, I31)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.102.5.2083 (Text)
Publications
  • Benjamin, Daniel J, Ori Heffetz, Miles S Kimball, and Alex Rees-Jones. “What Do You Think Would Make You Happier? What Do You Think You Would Choose?” American Economic Review 102, no. 5 (August 2012): 2083–2110. https://doi.org/10.1257/aer.102.5.2083.
    • ID: 10.1257/aer.102.5.2083 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-06

Benjamin, Daniel J.; Heffetz, Ori; Kimball, Miles S.; Rees-Jones, Alex (2012): Replication data for: What Do You Think Would Make You Happier? What Do You Think You Would Choose?. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116104V1