Richard Ball

Bio: Richard Ball is an academic researcher from Haverford College. The author has contributed to research in topics: Subjective well-being & Empirical research. The author has an hindex of 10, co-authored 19 publications receiving 537 citations.

Absolute Income, Relative Income, and Happiness

Abstract: This paper uses data from the World Values Survey to investigate how an individual’s self-reported happiness is related to (i) the level of her income in absolute terms, and (ii) the level of her income relative to other people in her country. The main findings are that (i) both absolute and relative income are positively and significantly correlated with happiness, (ii) quantitatively, changes in relative income have much larger effects on happiness than do changes in absolute income, and (iii) the effects on happiness of both absolute and relative income are small when compared to the effects several non-pecuniary factors.

Absolute Income, Relative Income, and Happiness

Abstract: This paper uses data from the World Values Survey to investigate how an individual's self-reported happiness is related to (i) the level of her income in absolute terms, and (ii) the level of her income relative to other people in her country. The main findings are that (i) both absolute and relative income are positively and significantly correlated with happiness, (ii) quantitatively, changes in relative income have much larger effects on happiness than do changes in absolute income, and (iii) the effects on happiness of both absolute and relative income are small when compared to the effects several non-pecuniary factors.

Individualism, Collectivism, and Economic Development

Abstract: This article investigates how the prevalence of collectivism or individualism in a society relates to the economic development of the society. The central premise of the article is that causality runs in two directions: the collectivist or individualist character of a society will influence the course of economic development, and simultaneously economic growth and changes in economic structure will alter the orientation of the society toward individualism or collectivism. The recognition of this two-way causality suggests four broad hypotheses concerning the interaction between economic and cultural factors: (1) economic development is impeded by collectivism and facilitated by individualism; (2) economic development is facilitated by collectivism and impeded by individualism; (3) economic development promotes collectivism and erodes individualism; and (4) economic development erodes collectivism and promotes individualism. The arguments and evidence that have been marshaled in support of each of these hy...

Interest groups, influence and welfare

Abstract: This paper examines the social costs and benefits of special interest group political influence activities. It is commonly recognized that, to the extent that such activities induce legislators to choose policies that favor the interest group at the expense of society at large, they can reduce welfare. It may also be the case, however, that lobbying can convey information held by interest groups to policy-makers. When costless announcements would not be credible, interest groups can signal their private information through costly influence activities. To the extent that this information enables governments to choose better policies, lobbying can enhance welfare. A simple game between a special interest group and a policy-maker that captures this tradeoff between the distortionary costs and the informational benefits of political influence activities is developed. Welfare properties of the equilibria are analyzed, and conditions are derived under which social welfare is greater when lobbying occurs than it would be if lobbying were prohibited. In conclusion, the phenomenon analyzed in this paper is related to Bhagwati's taxonomy of DUP activities.

Teaching Integrity in Empirical Research: A Protocol for Documenting Data Management and Analysis

Abstract: This article describes a protocol the authors developed for teaching undergraduates to document their statistical analyses for empirical research projects so that their results are completely reproducible and verifiable. The protocol is guided by the principle that the documentation prepared to accompany an empirical research project should be sufficient to allow an independent researcher to replicate easily and exactly every step of the data management and analysis that generated the results reported in a study. The authors hope that requiring students to follow this protocol will not only teach them how to document their research appropriately, but also instill in them the belief that such documentation is an important professional responsibility.

Institutions and the path to the modern economy

Abstract: It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. They also fail to explain why institutions are influenced by the past, why it is that they can sometimes change, why they differ so much from society to society, and why it is hard to study them empirically and devise a policy aimed at altering them. This 2006 book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration. It presents a multi-disciplinary perspective to study endogenous institutions and their dynamics.

Social limits to growth

Abstract: One in a while, every twenty years perhaps, a book appears that makes one see a whole area of human experience in a new light. Once pointed out, the new insights are sp obvious that one cannot understand how one could have missed them before. In the broad area of the political economy of western society, J.A. Schumpeter's Capitalism, Socialism and Democracy (1943) was one such book. So, with all its faults, was J.K. Galbraith's The Affluent Society (1957). Fred Hirsch's Social Limits to Growth (Routledge and Kegan Paul, London, 1977) is another.

The possibility of cooperation

Abstract: Preface 1. Introduction: the problem of collective action 2. The prisoners' dilemma, chicken and other games in the provision of public goods 3. The two-person prisoners' dilemma supergame 4. The N-person prisoners' dilemma supergame 5. Altruism and superiority 6. The state 7. Epilogue: cooperation, the state and anarchy Annex Notes Bibliography Index.

Resources in the future

Abstract: We describe the major features of a post-2012 international global climate policy architecture with three essential elements: a means to ensure that key industrialized and developing nations are involved in differentiated but meaningful ways; an emphasis on an extended time path of targets; and inclusion of flexible market-based policy instruments to keep costs down and facilitate international equity. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change; addresses specific shortcomings of the Kyoto Protocol; and builds upon the foundation of the United Nations Framework Convention on Climate Change.

Intranasal administration of oxytocin increases envy and schadenfreude (gloating).

Abstract: Background Humans have a strong social tendency to compare themselves with others. We tend to feel envious when we receive less valuable rewards and may rejoice when our payoffs are more advantageous. Envy and schadenfreude (gloating over the other's misfortune) are social emotions widely agreed to be a symptom of the human social tendency to compare one's payoffs with those of others. Given the important social components of envy and gloating, we speculated that oxytocin may have a modulating effect on the intensity of these emotions. Methods Fifty-six participants participated in this double-blind, placebo-controlled, within-subject study. Following the administration of oxytocin or a placebo, participants played a game of chance with another (fake) participant who either won more money (envy manipulation), lost more money (schadenfreude manipulation), or won/lost equal amounts of money. Results In comparison with the placebo, oxytocin increased the envy ratings during unequal monetary gain conditions involving relative loss (when the participant gained less money than another player). Oxytocin also increased the ratings of gloating during relative gain conditions (when the participant gained more money than the other player). By contrast, oxytocin had no effect on the emotional ratings following equal monetary gains nor did it affect general mood ratings. Conclusions These results suggest that the oxytocinergic system is involved in modulating envy and gloating. Thus, contrary to the prevailing belief that this system is involved solely in positive prosocial behaviors, it probably plays a key role in a wider range of social emotion-related behaviors.