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Do People Report Happiness Accurately? / James Andreoni, B. Douglas Bernheim, Tingyan Jia.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Andreoni, James.
Contributor:
National Bureau of Economic Research.
Bernheim, B. Douglas.
Jia, Tingyan.
Series:
Working Paper Series (National Bureau of Economic Research) no. w32208.
NBER working paper series no. w32208
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2024.
Summary:
Validation of happiness measures is inherently challenging because subjective sensations are unobserved. We introduce a novel validation method: subjects report how happy they would feel (or did feel) after some specified event, as well as how they would respond (or would have responded) to a survey question about their happiness after the same event. The difference between these two responses measures "self-reported misreporting." We demonstrate that self-reported misreporting varies across events and is substantial for certain types of events. These findings imply that caution is warranted when interpreting differences in self-reported well-being across contexts.
Notes:
Print version record
March 2024.

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