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|Title: ||Image and Reality: the Case of Job Satisfaction|
|Authors: ||Ferrer-i-Carbonell, Ada|
Van Praag, Bernard M.S.
|Keywords: ||conjoint analysis|
|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|
|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.|
|Appears in Collections:||Economics research|
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