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This research paper investigated the effect of consumers’ Big Five personality traits on the adoption of residential photovoltaic systems in Germany. To account for different types or groups of households, a multigroup structural equation model with N = 9,281 individuals was analyzed using data from a nationwide, representative household panel. It could be shown that the ways in which personality traits ...
In:
Energy Research & Social Science
77 (2021), 102087
| Stefan Poier
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Measuring multidimensional inequality by means of a univariate index requires weighting the dimensions of inequality. This paper explores the normative and empirical problems involved in measuring inequality by estimating hedonic weights on the basis of German microdata. In contrast to previous works, the perception of inequality, derived from subjective social status, has been used to estimate a weighting ...
In:
Social Indicators Research
146 (2019), 3, 511-531
| Philipp Poppitz
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In the last few decades, the study of ordinal data in which the variable of interest is not exactly observed but only known to be in a specific ordinal category has become important. In Psychometrics such variables are analysed under the heading of item response models (IRM). In Econometrics, subjective well-being (SWB) and self-assessed health (SAH) studies, and in marketing research, Ordered Probit, ...
Amsterdam:
Tinbergen Institute,
2024,
(Tinbergen Institute Discussion Paper TI 2024-075/III)
| Bernard M.S. van Praag, Peter J. Hop, William H. Greene
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We revisit the Easterlin paradox about the flatness of the happiness trend over the long run, in spite of sustained economic development. With a bounded scale that explicitly refers to “the best possible life for you” and “the worst possible life for you”, is it even possible to observe a rising trend in self-declared life satisfaction? We consider the possibility of rescaling, i.e. that the interpretation ...
Paris School of Economics,
2024,
(Working Paper No. 2024-61)
| Alberto Prati, Claudia Senik
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Measures of private wealth often refer to households or tax-units, but how does household wealth relate to individual welfare? Analogous to household economies of scale for consumption, this paper offers a methodology and empirical results to account for household wealth scale effects. These scale effects vary depending on the purpose of savings: funding consumption versus holding wealth for motives ...
In:
Review of Income and Wealth
71 (2025), 1, e70002
| Severin Rapp
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Aim: Maintaining transnational ties may be an indication of poor integration into the host society (according to classical ‘assimilation theory’) or may convey additional capital resources to immigrants (the ‘transmigrant’ view of migration). Consequences for health would be negative in the first and positive in the second scenario. We tested the hypotheses that (1) maintaining transnational ties may ...
In:
Journal of Public Health
27 (2019), 4, 507-517
| Oliver Razum, Jürgen Breckenkamp, Margit Fauser
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A new algorithmic approach to personality prototyping based on Big Five traits was applied to a large representative and longitudinal German dataset (N = 22,820) including behavior, personality and health correlates. We applied three different clustering techniques, latent profile analysis, the k-means method and spectral clustering algorithms. The resulting cluster centers, i.e. the personality prototypes, ...
In:
PLOS ONE
16 (2021), 1, e0244849
| André Kerber, Marcus Roth, Philipp Yorck Herzberg
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Evidence from intergenerational correlations and sibling correlations shows that intergenerational persistence in wealth is substantially large and similar in size compared to income persistence. The intergenerational persistence in wealth is partly due to the direct transfers of wealth from parents to children, which makes wealth unique compared to other resources such as education and income. Furthermore, ...
In:
Elina Kilpi-Jakonen, Jo Blanden, Jani Erola, Lindsey Macmillan ,
Research Handbook on Intergenerational Inequality
Edward Elgar Publishing
86-99
| Elina Kilpi-Jakonen, Jo Blanden, Jani Erola, Lindsey Macmillan, Philipp M. Lersch, Maximilian Longmuir, Daniel D. Schnitzlein
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Abstract As a consequence of increasing human-wildlife encounters, the associated potential for human-wildlife conflict rises. The dependency of conservation management actions on the acceptance or even the participation of people requires modern conservation strategies that take the human dimension of wildlife management into account. In the first place, conservationists therefore need to understand ...
In:
Conservation Science and Practice
2 (2020), 7, e212
| Sophia E. Kimmig, Danny Flemming, Joachim Kimmerle, Ulrike Cress, Miriam Brandt
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Entrepreneurs tend to be risk tolerant but is higher risk tolerance always better? In a sample of about 2100 small businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple bilateral regression, and even after controlling for a large set of individual and business characteristics. Apparently, one major transmission goes from risk ...
In:
Small Business Economics
64 (2024), 4, 1643-1670
| Melanie Koch, Lukas Menkhoff