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The analysis of human feelings : a practical suggestion for a robustness test
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Bloem, Jeffrey R. and Oswald, Andrew J. (2021) The analysis of human feelings : a practical suggestion for a robustness test. Review of Income and Wealth . doi:10.1111/roiw.12531 (In Press)
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WRAP-analysis-human-feelings-practical-suggestion-robustness-test-Oswald-2021.pdf - Accepted Version Embargoed item. Restricted access to Repository staff only until 2 July 2023. Contact author directly, specifying your specific needs. - Requires a PDF viewer. Download (805Kb) |
Official URL: http://dx.doi.org/10.1111/roiw.12531
Abstract
Governments, multinational companies, and researchers today collect unprecedented amounts of data on human feelings. These data provide information on citizens’ happiness, levels of customer satisfaction, employees’ satisfaction, mental stress, societal trust, and other important variables. Yet a key scientific difficulty tends to be downplayed, or even ignored, by many users of such information. Human feelings are not measured in objective cardinal units. This article aims to address some of the ensuing empirical challenges. It suggests an analytical way to approach the scientific complications of ordinal data. The article describes a dichotomous-around-the-median (DAM) test, which, crucially, uses information only on direction within an ordering and deliberately discards the potentially unreliable statistical information in ordered data. Applying the proposed DAM approach, this article shows that it is possible to check and replicate some of the key conclusions of previous research—including earlier work on the effects upon human well-being of higher income.
| Item Type: | Journal Article | ||||||
|---|---|---|---|---|---|---|---|
| Subjects: | B Philosophy. Psychology. Religion > BF Psychology H Social Sciences > HB Economic Theory H Social Sciences > HF Commerce H Social Sciences > HN Social history and conditions. Social problems. Social reform H Social Sciences > HV Social pathology. Social and public welfare |
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| Divisions: | Faculty of Social Sciences > Economics | ||||||
| Library of Congress Subject Headings (LCSH): | Consumer satisfaction , Well-being -- Economic aspects, Happiness -- Economic aspects, Trust -- Economic aspects, Corruption -- Economic aspects | ||||||
| Journal or Publication Title: | Review of Income and Wealth | ||||||
| Publisher: | Wiley-Blackwell Publishing, Inc. | ||||||
| ISSN: | 0034-6586 | ||||||
| Official Date: | 2 July 2021 | ||||||
| Dates: |
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| DOI: | 10.1111/roiw.12531 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | In Press | ||||||
| Publisher Statement: | This is the peer reviewed version of the following article: Bloem, J.R. and Oswald, A.J. (2021), The Analysis of Human Feelings: A Practical Suggestion for a Robustness Test. Review of Income and Wealth., which has been published in final form at https://doi.org/10.1111/roiw.12531. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. | ||||||
| Access rights to Published version: | Restricted or Subscription Access |
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