We use novel nonparametric techniques to test for the presence of nonclassical measurement error in reported life satisfaction (LS) and study potential effects from ignoring it. Our dataset comes Wave 3 UK Understanding Society that is surveyed 35,000 British households. finds evidence LS entire as well 26 out 32 socioeconomic subgroups sample. estimate joint distribution latent nonparametrical...

Do People Seek to Maximize Their Subjective Well‐Being?* In a new survey we ask respondents, after a standard Subjective Well‐Being (SWB) question, if they can think of changes in their lives that would improve their SWB score. If the SWB score is just one argument among others in the respondents’ goals in life, they should easily find ways to improve it, at the expense of other dimensions they...

Information, Uncertainty, and Subjective Entitlements in Bargaining More often than not production processes are the joint endeavor of people having different abilities and productivities. Such production processes and the associated surplus production are often not fully transparent in the sense that the relative contributions of involved agents are blurred; either by lack of information about...

Evaluation measures, objective and subjective, are used to assist users in finding interesting association rules. Objective measures are more general, but they can be insufficient because they do not consider user’s and domain features. However, getting user’s knowledge and interest needed to calculate subjective measures can be a difficult task. Thus, this work presents a methodology to identi...

Three major puzzles, described later in this section, have captured the attention of macroeconomic finance: the equity-premium, riskfreerate and equity-volatility puzzles. A common strand of these three asset-return puzzles is that markets are behaving as if investors fear some unknown hidden randomness that isn’t obvious from the data. People are acting in the aggregate like there is much more...

We investigate people’s attitudes towards the possible use of mobile negotiation support systems (NSS) in different social contexts and the consequences for their design. For that purpose we developed an online survey based on existing models of technology acceptance. In the questionnaire we showed five filmed scenarios of NSS use contexts. The data collected from 120 respondents, showed (a) th...