WorldCat Identities

Praag, Bernard M. S. van

Overview
Works: 218 works in 578 publications in 4 languages and 2,625 library holdings
Genres: Cross-cultural studies  Conference proceedings 
Roles: Author, Editor, Creator, 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 )
44 editions published between 2004 and 2012 in English and French and held by 582 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 just that
Individual welfare functions and consumer behavior. A theory of rational irrationality by Bernard M. S. van Praag( Book )
24 editions published in 1968 in 3 languages and held by 327 WorldCat member libraries worldwide
The distribution of welfare and household production : international perspectives ( Book )
6 editions published between 1998 and 2010 in English and held by 295 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
Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis by Bernard M. S. van Praag( )
13 editions published between 2004 and 2007 in English and German and held by 75 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
The Compensating Income Variation of Social Capital by Wim Groot( )
11 editions published between 2006 and 2007 in English and held by 73 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
A Public Good Version of the Collective Household Model: An Empirical Approach with an Application to British Household Data by Chris van Klaveren( )
8 editions published in 2008 in English and held by 52 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
Empirical Estimation Results of a Collective Household Time Allocation Model by Chris van Klaveren( )
7 editions published between 2005 and 2006 in English and held by 52 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. The empirical results suggest that: (1) Given that the weight distribution is wage dependent, preferences of males and females differ, which rejects the unitary model; (2) The power differences are mainly explained by differences in the ratio of the partners' hourly wages; (3) Although there are significant individual variations on average the power distribution in two-earner families is about even; (4) The male tends to be marginally more productive in performing household tasks than the female (5) The preference for total household production is influenced by family size for the female but not for the male (6) Both males and females have a backward bending labor supply curve
Happiness economics : a new road to measuring and comparing happiness by Bernard M. S. van Praag( )
7 editions published between 2010 and 2011 in English and held by 43 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
Well-being inequality and reference groups: an agenda for new research by Bernard M. S. van Praag( )
11 editions published in 2010 in English and German and held by 35 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
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 30 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
The connexion between old and new approaches to financial satisfaction by Bernard M. S. van Praag( Book )
9 editions published in 2004 in English and held by 23 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
The subjective costs of health losses due to chronic diseases : an alternative model for monetary appraisal by Ada Ferrer-i-Carbonell( Book )
11 editions published in 2001 in English and held by 23 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
Armoede in Nederland : een verkennend onderzoek naar aspecten van armoede en armoedebeleving in Nederland by Bernard M. S. van Praag( Book )
3 editions published in 1993 in Dutch and held by 23 WorldCat member libraries worldwide
Using happiness surveys to value intangibles : the case of airport noise by Bernard M. S. van Praag( Book )
8 editions published in 2004 in English and held by 22 WorldCat member libraries worldwide
The benefits of being economics professor A (and not Z) by Mirjam van Praag( Book )
10 editions published in 2007 in English and held by 22 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
De toekomst van de welvaartsstaat ( Book )
1 edition published in 1992 in Dutch and held by 21 WorldCat member libraries worldwide
Risk aversion and the subjective time discount rate : a joint approach by Bernard M. S. van Praag( Book )
6 editions published in 2003 in English and held by 21 WorldCat member libraries worldwide
A collective household model of time allocation : a comparison of native Dutch and immigrant households in the Netherlands by Chris van Klaveren( Book )
9 editions published in 2006 in English and held by 20 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 partner's wage. We find this for all household types; (6) The presence of (more) children reduces the hours of labor supplied by women and increases the number of hours supplied by men"--Forschungsinstitut zur Zukunft der Arbeit web site
The benefits of being economics professor A (and not Z) ( )
3 editions published in 2007 in English and held by 20 WorldCat member libraries worldwide
 
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Alternative Names
Praag, B. M. S. van.
Praag, B.M.S. van 1939-
Praag, B. M. S. van (Bernard M. S.)
Praag, B.M.S. van (Bernard M.S.), 1939-
Praag, Bart van 1939-
Praag, Bernard M. S van
Praag, Bernard M.S. van 1939-
Praag, Bernard Marinus Siegfried van 1939-
Praag, Bernard van.
Praag Bernard van 1939-....
Van Praag, Bernard
Van Praag, Bernard 1939-
Van Praag, Bernard M. S.
Van Praag, Bernard M.S. 1939-
Van Praag Bernard Marinus Siegried 1939-....
VanPraag, Bernard 1939-
Languages
English (194)
Dutch (6)
German (2)
French (1)
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