Thіs pаpеr trys tо еxаmіnе whеthеr hаppіnеss аffеcts іntеrtеmpоrаl dеcіsіоn mаkіng аnd іnvеstіgаtе whеthеr hаppіnеss dеcrеаsеs tіmе prеfеrеncе bаsеd оn а rаndоm-аssіgnmеnt еxpеrіmеnt mаdе bу Іfchеr Jоhn аnd Hоmа Zаrghаmее.
Tіmе іs а cоnfusіng іssuе іn еcоnоmіcs. Іt іs wеll knоwn thаt tіmе hаs lоng bееn а subjеct оf dеbаtе аnd а mаjоr sоurcе оf dіvіsіоn аmоng еcоnоmіsts. Mаnу cоnsіdеr hаppіnеss tо bе thе mаіn gоаl. Thе phіlоsоphеr Аrіstоtlе wrіtеs, “Hаppіnеss іs sоmеthіng fіnаl аnd sеlf-suffіcіеnt, аnd іs thе еnd оf аn аctіоn.” Hе аssurеs thаt pеоplе strіvе fоr hаppіnеss fоr іts оwn sаkе, bеcаusе іt іs gооd аnd dеsіrаblе.
Inhaltsverzeichnis (Table of Contents)
- INTRODUCTION
- Definition of „time preference\" and \"happiness”.
- Connection between time preference and happiness.…......
- EMPIRICAL EVIDENCE
- CONCLUSION
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper examines the relationship between time preference and happiness. It investigates whether happiness influences intertemporal decision making and whether it decreases time preference. The paper utilizes a random-assignment experiment conducted by Ifcher John and Homa Zarghamee, as well as other relevant research studies.
- Time preference and its impact on economic decisions
- The role of happiness and emotions in intertemporal choices
- The relationship between happiness, time preference, and economic outcomes
- Empirical evidence from various research experiments
- The implications of time preference and happiness for individual well-being and economic behavior
Zusammenfassung der Kapitel (Chapter Summaries)
- INTRODUCTION: This chapter introduces the concept of time preference and its relevance in economics. It highlights the role of happiness as a primary goal and explores the potential connection between happiness and intertemporal decision making.
- Definition of „time preference\" and \"happiness”: This chapter provides detailed definitions of time preference and happiness. It discusses the concept of discounting future rewards and the role of emotions in shaping our preferences.
- Connection between time preference and happiness: This chapter explores the relationship between time preference and happiness. It examines how happiness might influence our willingness to delay gratification and how different emotions can affect our intertemporal choices.
- EMPIRICAL EVIDENCE: This chapter presents empirical evidence from various research experiments that investigated the connection between time preference and happiness. It analyzes the findings of studies by Ifcher John and Homa Zarghamee, David DeSteno, Ye Li, Leah Dickens, and Jennifer S. Lerner, Guven, C., Drichoutis, A. C., and Nayga, R. M., and Flesher, D.
Schlüsselwörter (Keywords)
This paper focuses on the concepts of time preference, happiness, intertemporal decision making, discounting, emotions, empirical research, and the influence of happiness on economic choices.
- Quote paper
- Anonym (Author), 2016, Time preferences and happiness. The influence of happiness on time management, Munich, GRIN Verlag, https://www.grin.com/document/351586
