著者

Yoshiro Tsutsui Shoko Yamane Fumio Ohtake

出版者

Association of Behavioral Economics and Finance

雑誌

行動経済学 (ISSN:21853568)

巻号頁・発行日

vol.10, pp.1-6, 2017 (Released:2017-04-21)

参考文献数

20

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Using a monthly survey, this paper finds that supporters of the governing cabinet are significantly happier than non-supporters throughout our sample period. We investigate the reason and examine two hypotheses: 1) happy persons support the ruling Liberal Democratic Party, and 2) supporters of any governing party tend to be happy. Oaxaca decomposition analysis reveals that the difference in happiness is not attributable to the difference of attributes and personalities, rejecting hypothesis 1). On the other hand, the happiness of cabinet and anti-cabinet supporters was not significantly different after an election in which the governing party was replaced, supporting hypothesis 2).

著者

Shoko Yamane Hiroyasu Yoneda Yoshiro Tsutsui

出版者

行動経済学会

雑誌

行動経済学 (ISSN:21853568)

巻号頁・発行日

vol.5, pp.273-276, 2012 (Released:2013-06-12)

参考文献数

7

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This paper investigates the individual outcomes of irrational thinking, including paranormality and non-scientific thinking. These modes of thinking were identified by factor analysis from a 2008 survey. Income and happiness are used as measures of performance. Empirical results reveal that non-scientific thinking lowers income, whereas paranormality does not affect it. While non-scientific thinking lowers happiness, paranormality raises it. Extending the model, we find that higher ability and self-control result in higher income and happiness. Selfishness raises income, but diminishes happiness. These results suggest that generally achieves higher individual performance except that belief in paranormality raises happiness.