This paper proposes a subjective well-being approach to test the equilibrium condition implicit in hedonic pricing. Contrary to the conclusions of previous studies, we show that both approaches are not complementary but, ...
In recent years, economists have being using socio-economic and socio-demographic
characteristics to explain self-reported individual happiness or satisfaction with life. Using Geographical Information Systems (GIS), we ...
This paper presents a comprehensive theoretical and methodological framework clarifying the relationship between non-market environmental valuation techniques, in particular hedonic and life-satisfaction methods. The paper ...