Headey, Bruce; Muffels, Ruud; Wagner, Gert G. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
individual preferences and choices on subjective well-being (SWB). It is shown that preferences and choices relating to life … on life satisfaction. The results have negative implications for the still dominant theory of SWB, set-point theory. This … theory holds that adult SWB does not change in the medium or long term, although temporary fluctuations occur due to specific …