University of Missouri Agricultural Economics Working Paper No. AEWP 2004-8
29 Pages Posted: 29 Jul 2004
Date Written: July 2004
We examine empirically the relationship between happiness and the ethical decisions of individuals. We use data from the 1995-97 wave of the World Values Survey (WVS) to test the hypothesis that the relationship between happiness and ethics is bicausal in the sense that personal ethics affects one's happiness while happiness also affects ethical preferences and proclivities. We find that happiness increases in ethical proclivities and that greater happiness results in improved ethical judgments, after correcting for bicausality and controlling for income and other factors.
Keywords: Happiness, subjective well-being, ethics
JEL Classification: D63, D99, Z13
Suggested Citation: Suggested Citation
James, Harvey S. and Chymis, Athanasios, Are Happy People Ethical People? Evidence from North America and Europe (July 2004). University of Missouri Agricultural Economics Working Paper No. AEWP 2004-8. Available at SSRN: https://ssrn.com/abstract=570181 or http://dx.doi.org/10.2139/ssrn.570181