Stress that doesn't pay
Subtitle: the commuting paradox
By: by Alois Stutzer, Bruno S. Frey.
Contributors: Frey, Bruno S.
Series: Discussion paper ;; no. 1278; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1278
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Commuting.
Description: "People spend a lot of time commuting and often find it a burden. According to economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals' utility is equalized. However, in a direct test of this strong notion of equilibrium, we find that people with longer commuting time report systematically lower subjective well-being. Additional empirical analyses do not find institutional explanations of the empirical results that commuters systematically incur losses. We discuss several possibilities of an extended model of human behavior able to explain this "commuting paradox'"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 5/4/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.