Evolutionary Efficiency and Happiness

By Luis Rayo, G. Becker. Journal of Political Economy, 2007

427 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/f0c71a0a9ffb62314657e6e3f39919d402c19506

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Citations in the corpus

Valuing Public Goods Using Happiness Data: The Case of Air Quality (2012, neutral): “Also, recent work suggests this relative interpretation may be optimal from an evolutionary standpoint (Rayo and Becker, 2007).”
Life satisfaction dynamics with quarterly life event data (2011, neutral): “Various theoretical studies rationalise the existence of adaptation in an evolutionary context and explore its implications for utilitarian accounting (see Menzel et al., 2002; Graham and Oswald, 2006; Rayo and Becker, 2007; Dolan and Kahneman, 2008).”
How universal is happiness (2008, background): “10 Rayo and Becker (2007) have a different view and argue that we are hardwired to compare and prefer the best, since this is evolutionarily advantageous.”
Value versus growth investing: Why do different investors have different styles? (2015, neutral): “of individuals: 1) Macroeconomic experiences, 2) Impressionable years, and 3) Rearing environment. Table 7 reports the results. (23)See Taubman (1976) for an early application of this empirical approach.”
Does Happiness Adapt? A Longitudinal Study of Disability with Implications for Economists and Judges (2008, neutral): “There is little economic theory in this area. Rayo and Becker (2007) , Wilson and”
Evolution of Time Preferences and Attitudes Towards Risk (2009, methodology): “14This is essentially the adaption mechanism at work in Rayo and Becker (2007a) and (2007b), where realized payoffs contain information about the state of nature.”
Death, Happiness, and the Calculation of Compensatory Damages (2008, neutral): “The concept of adaptation has a long history, valuably summarized in Frederick and Loewenstein (1999) and Fujita and Diener (2005) and discussed conceptually in Menzel et al. (2002), Rayo and Becker (2007), Ubel, Loewenstein, and Jepson (2005), and Dolan and Kahneman (2008).”
Evolutionary Origins of the Endowment Effect: Evidence from Hunter-Gatherers (2014, background): “Electronic copy available at: http://ssrn.com/abstract=2255650 American Economic Review 2014, 104(6): 1793–1805 http://dx.doi.org/10.1257/aer.104.6.1793 1793 Evolutionary Origins of the Endowment Effect: Evidence from Hunter-Gatherers † By Coren L. Apicella, Eduardo M. Azevedo, Nicholas A.…”
Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008, neutral): “This is indeed one possible evolutionary reason for having a term in the utility function in the first place (Rayo and Becker, 2007).”
Happiness Adaptation to Income and to Status in an Individual Panel (2010, neutral): “Riis et al. (2005) provide some evidence in the context of renal patients receiving dialysis treatment.”
The Genetics of Investment Biases (2014, background): “…proposed that the psychological mechanisms behind the investment biases we study in this paper could be the outcome of natural selection (e.g., Rayo and Becker, 2007; McDermott, Fowler, and Smirnov, 2008; Brennan and Lo, 2011; Johnson and Fowler, 2011).3 These studies argue that behaviors…”
When the Joneses’ consumption hurts : Optimal public good provision and nonlinear income taxation (2008, background): “There are also recent evolutionary models that explain why selfish genes would prefer that the humans they belong to are motivated by relative concerns (Samuelson, 2004; Rayo and Becker, 2007).”
Destruction and Distress: Using a Quasi-Experiment to Show the Effects of the September 11 Attacks on Mental Well-Being in the United Kingdom (2011, positive): “The use of SWB has shown to be a valid and reliable indicator of well-being (see Diener et al, 1999; Krueger and Schkade, 2008), especially since evolution may have created the sensation of happiness exactly in order to affect our behaviour (Rayo and Becker 2007).”
Will GDP Growth Increase Happiness in Developing Countries? (2011, background): “This might be an illusion, as suggested by Easterlin, but can also be seen as some kind of hardwired mechanism, built into human beings by evolution, to ensure that they keep trying to improve their lot (Rayo and Becker, 2007).”
Self-Regulation Through Goal Setting (2011, neutral): “Thaler and Benartzi (2004) design a savings product allowing costumers to commit to higher future savings.”