WorldCat Identities

Praag, Bernard M. S. van

Overview
Works: 226 works in 628 publications in 4 languages and 2,969 library holdings
Genres: Cross-cultural studies  Conference papers and proceedings 
Roles: Author, Editor, Other, Honoree
Classifications: BF575.H27, 152.42
Publication Timeline
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Most widely held works by Bernard M. S. van Praag
Happiness quantified : a satisfaction calculus approach by Bernard M. S. van Praag( Book )

39 editions published between 2004 and 2012 in English and French and held by 408 WorldCat member libraries worldwide

"How do we measure happiness? Focusing on subjective measures as a proxy for welfare and well-being, this book finds ways to do that. Subjective measures have been used by psychologists, sociologists, political scientists, and, more recently, economists to answer a variety of scientifically and politically relevant questions. Van Praag, a pioneer in this field since 1971, and Ferrer-i-Carbonell present in this book a generally applicable methodology for the analysis of subjective satisfaction. Drawing on a range of surveys on people's satisfaction with their jobs, income, housing, marriages, and government policy, among other areas of life, this book shows how satisfaction with life "as a whole" is an aggregate of these domain satisfactions. Using German, British, Dutch, and Russian data, the authors cover a wide range of topics. This groundbreaking book presents a new and fruitful methodology that constitutes a welcome addition to the social sciences. The paperback edition has been revised to bring the literature review up-to-date and the chapter on poverty has been revised and extended to take account of new research."--Book cover
Individual welfare functions and consumer behavior. A theory of rational irrationality by Bernard M. S. van Praag( Book )

28 editions published in 1968 in 3 languages and held by 352 WorldCat member libraries worldwide

The distribution of welfare and household production : international perspectives( Book )

9 editions published between 1998 and 2010 in English and held by 304 WorldCat member libraries worldwide

When the overall economic pie is not growing, then how it is shared out becomes more important. In short, there is a demand for answers to questions such as: What is actually happening to welfare? Do the income statistics used to chart trends really give us the full picture about people's economic fortunes? Is the experience of one's own country better or worse than other countries? How does a person's well-being relate to the household in which they live; more fundamentally, how do households produce welfare? This book, a collection of new empirical and theoretical papers by a distinguished set of international authors, aims to answer these questions
Analysing poverty in the European Community : policy issues, research options, and data sources : papers presented at the seminar 'Poverty statistics in the European Community' by Rudolf Teekens( Book )

7 editions published in 1990 in English and held by 89 WorldCat member libraries worldwide

Perspectives from the happiness literature and the role of new instruments for policy analysis by Bernard M. S. van Praag( )

12 editions published between 2004 and 2007 in English and German and held by 35 WorldCat member libraries worldwide

After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how this approach can lead to a normative approach to policy problems that is admissible from a positivist point of view. Section 6 concludes
Happiness and Financial Satisfaction in Israel: Effects of Religiosity, Ethnicity, and War by Bernard M. S. van Praag( )

13 editions published in 2010 in English and held by 34 WorldCat member libraries worldwide

We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for Israeli citizens of Jewish and Arab descent. Our data set is the Israeli Social Survey (2006). We are especially interested in the impact of the religions Judaism, Islam and Christianity, where we are able to differentiate between individuals who vary in religiosity between secular and ultra-orthodox. We find a significant effect of religiosity on happiness. With respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to vary with religiosity. This might be a reason for differentiation in family equivalence scales. For Arab families we did not find this effect. First-generation immigrants are less happy than second-generation immigrants, while there is no significant difference between second-generation families and native families. The effect of the Lebanon War is much less than expected
Well-being inequality and reference groups: an agenda for new research by Bernard M. S. van Praag( )

12 editions published in 2010 in English and German and held by 33 WorldCat member libraries worldwide

It is argued that the concept of well-being inequality cannot be properly defined without taking the referencing process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the reference- extended model for incorporating the concept of happiness inequality in happiness studies. We plead for an extension of the present happiness paradigm by setting up a new additional agenda for empirical research in order to get quantified knowledge about the referencing process
The compensating income variation of social capital by W. N. J Groot( )

10 editions published between 2006 and 2007 in English and held by 33 WorldCat member libraries worldwide

There is a small but growing literature on the determinants of social capital. Most of these studies use a measure of trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the individual's social network, the extent of their social safety net and membership of unions or associations. A second contribution to the literature is that we analyze what social capital contributes to our well-being. Based on this, we calculate the compensating income variation of social capital. We find differences in social capital when we differentiate according to individual characteristics such as education, age, place of residence, household composition, and health. Household income generally has a statistically significant effect. We find a significant effect of social capital on life satisfaction. Consequently, the compensating income variation of social capital is substantial
The benefits of being economics professor A (and not Z) by Mirjam van Praag( )

11 editions published in 2007 in English and held by 32 WorldCat member libraries worldwide

Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more often than Professor Z, will have published more articles and experienced a faster growth rate over the course of her career as a result of reputation and visibility. Moreover, authors know that name ordering matters and indeed take ordering seriously: Several characteristics of an author group composition determine the decision to deviate from the default alphabetic name order to a significant extent
A parametric analysis of prospect theory's functionals for the general population by Adam S Booij( )

9 editions published in 2009 in English and held by 29 WorldCat member libraries worldwide

This paper presents the results of an experiment that completely measures the utility function and probability weighting function for different positive and negative monetary outcomes, using a representative sample of N = 1935 from the general public. The results confirm earlier findings in the lab, suggesting that utility is less pronounced than what is found in classical measurements where expected utility is assumed. Utility for losses is found to be convex, consistent with diminishing sensitivity, and the obtained loss aversion coefficient of 1.6 is moderate but in agreement with contemporary evidence. The estimated probability weighing functions have an inverse-S shape and they imply pessimism in both domains. These results show that probability weighting is also an important phenomenon in the general population. Women and lower educated individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender differences in risk attitudes solely to differences in the degree utility curvature, however, our results show that this finding is primarily driven by loss aversion and, for women, also by a more pessimistic psychological response towards the probability of obtaining the best possible outcome. -- Prospect theory ; utility for gains and losses ; loss aversion ; subjective probability weighting
The subjective costs of health losses due to chronic diseases : an alternative model for monetary appraisal by Ada Ferrer-i-Carbonell( Book )

12 editions published between 2001 and 2002 in English and held by 24 WorldCat member libraries worldwide

This paper proposes a method to evaluate health losses or gains by looking at the impact on well-being of a change in health status. The paper presents estimates of the equivalent income change that would be necessary to change general satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in a large German data set. We distinguish between workers and non-workers and between inhabitants of East- and West- Germany. We find, for instance, that for West-workers hearing impediments are on average equivalent to an income reduction of about 20%, and that heart blood difficulties are for the same group equivalent to a 47% income reduction
Using happiness surveys to value intangibles : the case of airport noise by Bernard M. S. van Praag( Book )

10 editions published in 2004 in English and held by 21 WorldCat member libraries worldwide

Happiness economics : a new road to measuring and comparing happiness by Bernard M. S. van Praag( Book )

8 editions published between 2010 and 2014 in English and held by 21 WorldCat member libraries worldwide

This paper deals with the concept of happiness in economics. Of late there has come into life a branch of happiness economics and it is this field that will be our concern. Actually, not only economists are interested in quantifications of happiness but also researchers in other disciplines. Notably there are several psychologists who investigate happiness as well. We mention Schimmack et al. (2002), Kahneman et al. (1999, 2006), Kahneman and Krueger (2006), Clark et al. (2008) and Lucas and Schimmack (2009). There are also some interconnections between happiness economists and psychologists as in the citations just mentioned. In this paper we will focus on happiness economics, although we will sometimes refer to work in other disciplines as well. Happiness economics is up to now an empirically oriented field. There is no attention for philosophical contemplations on happiness, the sense of life, etc. as we find in philosophy and religious studies (see, e.g., Feldman (2010), Nussbaum and Sen (1993), Haybron (2010) and Bok (2010) for a philosophical approach). We shall not touch on these issues in this tract
Risk aversion and the subjective time discount rate : a joint approach by Bernard M. S. van Praag( Book )

7 editions published in 2003 in English and held by 20 WorldCat member libraries worldwide

The connexion between old and new approaches to financial satisfaction by Bernard M. S. van Praag( Book )

10 editions published in 2004 in English and held by 20 WorldCat member libraries worldwide

"In this paper we compare the new satisfaction evaluation approach, developed in the nineties by Oswald, Clark, Blanchflower and others with the older income evaluation (IEQ) approach, developed by Van Praag and Kapteyn in the seventies of the previous century. We find that both approaches yield strikingly similar results with respect to financial satisfaction. The IEQ- approach yields additional insights, but it is not well applicable to other life domains than finance. It is argued that the usual Probit specification implies a specific cardinalization and, consequently, is less ordinal than usually thought. It is shown that the Probit-approach may be replaced by three other equivalent specifications that have some computational and intuitive advantages"--Forschungsinstitut zur Zukunft der Arbeit web site
How sustainable are old-age pensions in a shrinking population with endogenous labour supply? by Pedro Cardoso( Book )

4 editions published in 2003 in English and held by 18 WorldCat member libraries worldwide

A public good version of the collective household model an empirical approach with an application to British household data by Chris van Klaveren( Book )

9 editions published in 2008 in English and held by 16 WorldCat member libraries worldwide

In this paper we consider an empirical collective household model of time allocation for two-earner households. The novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and the externally purchased goods are assumed to be public. The empirical results suggest that: (1) Preferences of men and women differ; (2) Although there are significant individual variations, on average the utility functions of men and women are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are explanatory for how individual utilities are weighted in the household utility function. (4) The female's preference for household production is influenced by family size, but this does not hold for the male; (5) Both the male and the female have a backward-bending labor supply curve; (6) Labor-supply curves are forward-bending with respect to the partner's wage rate; (7) Our model rejects the unitary Slutsky symmetry condition
A collective household model of time allocation : a comparison of native Dutch and immigrant households in the Netherlands by Chris van Klaveren( Book )

10 editions published in 2006 in English and held by 15 WorldCat member libraries worldwide

Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households that enables us to discuss how two-earner households allocate their time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The main findings are that: (1) Leisure and household income are the most important variables in the utility function of the male; (2) Leisure, total household production and total household production interacted with family size are important variables in the utility function of the female. The latter two are especially important for Turkish and Surinamese/Antillean females; (3) The utility of Turkish and Dutch males weighs slightly more than the utility of the partner in the household utility function. For Surinamese/Antillean families we find the opposite; (4) Utility weighting depends on the presence of children and on the hourly wage rates of both partners; (5) The labor supply curve is forward bending for both male and female in terms of their own wage. The labor supply curve is backward bending for both male and female in terms of the partners wage. We find this for all household types; (7) The presence of (more) children reduces the hours of labor supplied by women and increases the number of hours supplied by men
Empirical estimation results of a collective household time allocation model by Chris van Klaveren( Book )

8 editions published between 2005 and 2006 in English and held by 10 WorldCat member libraries worldwide

In this paper an empirical model is developed where the collective household model is used as a basic framework to describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household utility function which is a weighted sum of the utility functions of the male and the female. The empirical research that has been done is mainly focused on testing and refuting the unitary model. Moreover, in the bulk of time allocation literature the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two individual utility functions and the household power weight distribution, which is parameterized per household. The model is estimated on a sub-sample of the British Household Panel Survey, consisting of two-earner households
Vignette equivalence and response consistency : the case of job satisfaction by Ada Ferrer-i-Carbonell( Book )

8 editions published in 2011 in English and German and held by 10 WorldCat member libraries worldwide

We compare reported job satisfaction with vignette evaluations of hypothetical jobs by using a British, Greek and Dutch data set, containing 95 randomly assigned vignettes. In order to test comparability of international data sets recently the method of anchoring vignettes has been introduced by King et al. (2004). This intuitively and attractive idea requires the properties of vignette equivalence and response consistency. In our data set both job satisfaction and vignettes are numerically evaluated on a 0-10-scale. This fact allows us to interpret the evaluations as cardinal satisfaction values and to estimate satisfaction functions for vignettes and for the own job situation. We find that both functions differ significantly: vignette evaluations appear to depend on the own job situation and other individual characteristics. Hence, without correction for those differences in background characteristics, vignette evaluations are not comparable between individuals. Similar conclusions are reached for response consistency
 
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Happiness quantified : a satisfaction calculus approach
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English (228)

German (3)

Dutch (2)

French (1)

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The distribution of welfare and household production : international perspectivesHappiness economics : a new road to measuring and comparing happiness