Revisiting Procedural Utility: Evidence from European Survey Data
Stefan Schneck
EconStor Preprints from ZBW - Leibniz Information Centre for Economics
Abstract:
This research note presents cross-country evidence that job satisfaction is higher for self-employed than for employees. The examination, however, does not stop at this point and examines the reasons why this is the case. Using data on 25 European countries, we can show that individuals seem to derive utility from the way outcomes are achieved. In other words, our results are in line with procedural utility theory (Benz and Frey, 2004, 2008).
Keywords: Self-employment; job satisfaction; procedural utility (search for similar items in EconPapers)
JEL-codes: J81 L22 L29 M54 (search for similar items in EconPapers)
Date: 2012-05-16
New Economics Papers: this item is included in nep-upt
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:57929
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