Quick Search:

uzh logo
Browse by:

The deadline for the annual report 2015 is January 31st, 2016

Zurich Open Repository and Archive

Maintenance: Tuesday, 16.2.2015, 06:00-08:00

Maintenance work on various system components of ZORA. During this time there will be a brief unavailability for about 1 hour. Please be patient.

Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-52080

Luechinger, Bruno S Frey, Simon; Stutzer, Alois (2004). Valuing Public Goods: The Life Satisfaction Approach. Working paper series / Institute for Empirical Research in Economics No. 184, University of Zurich.



"This paper discusses a novel approach to elicit people’s preferences fornpublic goods, namely the life satisfaction approach. Reported subjective well-beingndata are used to directly evaluate utility consequences of public goods. The strengthsnof this approach are compared to traditional approaches and identification issues arenaddressed. Moreover, it is applied to estimate utility losses caused by terroristnactivities in France, the UK and the Republic of Ireland. Terrorism in these countriesndepresses life satisfaction in a sizeable and robust way. However, the calculation ofnthe trade-off between terrorism and income requires improved measurement of thenmarginal utility of income."


409 downloads since deposited on 29 Nov 2011
112 downloads since 12 months

Detailed statistics

Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Institute for Empirical Research in Economics (former)
Dewey Decimal Classification:330 Economics
Date:March 2004
Deposited On:29 Nov 2011 22:32
Last Modified:09 Jul 2012 05:02
Series Name:Working paper series / Institute for Empirical Research in Economics
Official URL:http://www.econ.uzh.ch/wp.html

Users (please log in): suggest update or correction for this item

Repository Staff Only: item control page