Money, Sex and Happiness: An Empirical Study

The links between income, sexual behavior and reported happiness are studied using recent data on a sample of 16,000 adult Americans. The paper finds that sexual activity enters strongly positively in happiness equations. Higher income does not buy more sex or more sexual partners. Married people have more sex than those who are single, divorced, widowed or separated. The happiness‐maximizing number of sexual partners in the previous year is calculated to be 1. Highly educated females tend to have fewer sexual partners. Homosexuality has no statistically significant effect on happiness.     

审慎看待“幸福指数”

近两年来，在我国的媒体和各级官员的话语中，频频出现“幸福指数”或类似的表达。其实，作为舶来品的“幸福指数”，相当程度上正被众多的媒体和官员误读。“幸福指数”不可能替代GDP。为了避免“幸福指数”的运用走向异化、陷入贻笑大方的窘境，我们必须审慎看待“幸福指数”。     

The consumption–investment decision of a prospect theory household: A two-period model

This study extends the literature on portfolio choice under prospect theory preferences by introducing a two-period life cycle model, where the sufficiently loss averse household decides on optimal consumption and investment in a portfolio with one risk-free and one risky asset. The optimal solution depends primarily on whether the household’s present value of the consumption reference levels is below, equal to, or above the present value of its endowment income. Reference levels below the endowment income are associated with the self-enhancement motive. In this case, the household avoids relative losses in consumption in any present or future state of nature (good or bad). As a result the degree of loss aversion does not directly affect optimal consumption and risk taking activity. Reference levels equal to the endowment income are associated with the belonging motive. An example would be a household comparing to others that belong to the same social class. In this case the household’s optimal consumption is the reference consumption and the household will not invest in the risky asset. Finally, reference levels above the endowment income are associated with the self-improvement motive (or high aspirations). For such high reference levels, households cannot avoid experiencing a relative loss in consumption, either now or in the future. As a result, loss aversion directly affects consumption and risky investment.     

Do religion and spirituality matter for hotel workers’ well-being and guests’ happiness? An update of the Attraction-Selection-Attrition theory

Drawing on the Attraction-Selection-Attrition (ASA) theory (Schneider et al., 1995), this paper examines how adhering to religious regulations and offering spiritual facilities may affect hotel workers’ psychological well-being and guests’ happiness. Using a mixed method approach, we collected data through two studies on religious practices and spiritual facilities at 5-star hotels in Jordan. In the first stage, interviews were conducted with 18 senior managers at hotels in the Dead Sea area (study 1). In the second stage, data were collected from Muslim guests who visited and stayed at a 5-star hotel in Jordan (study 2) and the hypotheses were tested with partial least squares-structural equation modelling (PLS-SEM) using SmartPLS 3.3.3. Our results indicate that spiritual facilities at hotels enhance workers’ well-being and guests’ happiness while not adhering to religious regulations adversely affects workers’ well-being and guests’ happiness. The paper offers a contextual and novel framework to understand the linkages between religion/spirituality and psychology at hotels in a diverse cultural context in the Middle East. The empirical studies highlight the contextual relevance and extension of Schneider’s (1995) ASA theory by incorporating religiosity/spiritualty and well-being of hotel employees in a Middle Eastern context.     

Which formula for national happiness?

The World Happiness Report is published by the United Nations Sustainable Development Solutions Network and contains an international ranking of national average happiness, as measured by surveys of personal life evaluations. It also contains an analysis which tries to explain the happiness figures from more than 150 countries using data on six key variables. That analysis assumes the factors combine in an additive manner and therefore operate independently of each other. By contrast, we explore a multiplicative model, which allows for interactivity or synergy between factors, as well as the possibility of diminishing marginal benefit at higher levels of achievement. We find that this model provides a better fit to the data and is therefore superior in its explanatory power. The implication for policy-makers is that they should focus on improving those factors which are the lowest for their nation as this will provide greater relative benefits to subjective well-being. At an individual level this means focusing on improving conditions for those who are experiencing the lowest levels of well-being.     

Demystifying the impact of self-indulgence and self-control on customer-employee rapport and customer happiness

Past research mostly ignores the link between customers' purchase orientations and their engagement with frontline service employees. This paper addresses this gap by using socio-emotional selectivity theory to investigate the effects of customers’ self-indulgence/control on their rapport building efforts with frontline service employees and on their own happiness. It also explores the moderating effects of age, gender and shopping day on the impact of self-indulgence/control on happiness. Data from 252 Australian customers shows that self-control has no significant influence on rapport or happiness while rapport and self-indulgence positively affect happiness. Finally, all the moderating effects only find partial support.     

Moderating effects of presenteeism on the stress-happiness relationship of hotel employees: A note

This research note investigates the moderating effects of presenteeism on the stress-happiness relationship of 358 hotel employees in Sabah, Malaysia. The results support the moderating role of presenteeism in the relationship between stress and happiness. More specifically, the findings identify the presence of a non-monotonic relationship between perceived stress and happiness over the range of the degree of presenteeism. Contributions and limitations of the study are identified and discussed.     

Tourism and wellbeing

Wellbeing has been a philosophical and sociological concern since the beginning of time, and research has extended over time to disciplines such as psychology, health sciences and economics to name just a few. Tourism studies has also become more focused on wellbeing in the last few decades, both from a theoretical and methodological perspective. After examining the philosophical background of wellbeing from different perspectives, the paper takes a closer look at how these frameworks can inform tourism research and practices. It explores the relationship between diverse terminologies and perspectives as well as the ways in which hedonic and eudaimonic wellbeing can be derived through tourism experiences. A spectrum and a model are proposed which outline the relationship between various types of wellbeing, tourism and activities.     

Beauty is the promise of happiness?

We measure the impact of individuals' looks on life satisfaction and happiness. Using six data sets, from Canada, Germany, the United Kingdom, and the United States, we construct beauty measures in a number of different ways. Beauty raises happiness: A one standard-deviation change in beauty generates about 0.08 standard deviations of additional satisfaction/happiness among men, 0.07 among women. The finding is robust to a rare opportunity to measure it using an instrumental variables approach. Accounting for a wide variety of covariates, particularly educational, marital, and labor-market outcomes that might be affected by beauty, the gross effects are roughly halved, with small reductions arising from the impact of beauty on monetary outcomes.     

论民生指数评估的必要性——兼论民生指数与幸福指数的差异

当前我国进入经济社会发展转型期,民生问题不仅影响公众的生存和生活质量,也关系社会的和谐稳定,保障和改善民生已成为党和政府以及社会各界普遍关注的重要议题。在衡量保障和改善民生方面,相对而言幸福指数存在内容过于宽泛,人为操纵因素,缺乏针对性等问题,民生指数则具有评估内容客观、更具有针对性、不易产生歧义、可操作性强和衡量标准明确等特点,积极开展民生指数评估十分必要。