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http://hdl.handle.net/2164/126
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| Title: | Image and Reality: the Case of Job Satisfaction |
| Authors: | Ferrer-i-Carbonell, Ada
Van Praag, Bernard M.S.
Theodossiou, Ioannis |
| Keywords: | conjoint analysis
experienced utility
decision utility
job satisfaction
subjective well-being |
| Issue Date: | 10-Mar-2006 |
| Publisher: | AIAS, Amsterdam Institute of Labour Studies, University of Amsterdam |
| Series/Report no.: | University of Aberdeen Business School Working Paper Series
2007-15 |
| Abstract: | This study makes a distinction between two types of utility. Experienced utility is defined as the job satisfaction derived from the present job, estimated by using a subjective evaluation of job satisfaction. Anticipated utility is defined as the individual’s anticipated job satisfaction before starting the job and it is studied by using a stated preference methodology known as conjoint analysis. The results suggest that the two utility concepts are different. Information about experienced utility is useful for the evaluation of well-being policies and the welfare effects of various employer strategies. Anticipated utility provides knowledge about the job search process. |
| URI: | http://hdl.handle.net/2164/126 |
| ISSN: | 0143-4543 |
| Appears in Collections: | Economics research
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