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Next Brown Bag

Mon, Jan 22, 2018, noon: Narayan Sastry

Miles Kimball photo

Using the Dynamics of Happiness to Measure the Subjective Importance of Events

a PSC Research Project

Investigator:   Miles Kimball

This project uses mathematical and statistical tools developed from a new economic theory of happiness to measure the importance people attach to various life events (e.g., financial or health changes, death or other loss) and the lasting effects of good or bad news. Analyses of how risk affects happiness will provide insight on financial choices such as early retirement or savings behavior. New data on happiness and other variables will be collected both in the laboratory and in web surveys to add to existing data.

Funding Period: 08/01/2011 to 06/30/2017

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