Publication type
Journal Article
Authors
Publication date
June 1, 2008
Abstract:
This paper is an empirical study of partial hedonic adaptation. It provides longitudinal evidence that people who become disabled go on to exhibit considerable recovery in mental well-being. In fixed-effects equations we estimate the degree of hedonic adaptation at — depending on the severity of the disability — approximately 30% to 50%. Our calculations should be viewed as illustrative; more research, on other data sets, is needed. Nevertheless, we discuss potential implications of our results for economists and the courts.
Published in
Journal of Public Economics
Volume
Volume: 92 (5-6):1061-1077
DOI
http://dx.doi.org/10.1016/j.jpubeco.2008.01.002
Subjects
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
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