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Yet the attempt to account for the value of happiness in purely hedonic terms seems to miss something.
The method commonly used to implement this approach is the hedonic technique.
The underlying assumption of a hedonic model is that products can be distinguished simply and uniquely by their characteristics.
One reason is hedonic: the satisfaction of a desire may bring pleasure, and pleasure is an intrinsic good.
Pain is a sensory-motor feeling state with aversive motivational (hedonic) value.
Thus, the actual wage embodies a series of hedonic prices for various attributes, including accidental risk.
In table 3, we report the estimated coefficients of the hedonic function for the urban, the rural, and the pooled (urban and rural) samples.
For reasons discussed, the hedonic models do not reveal any information about the impact of income on the willingness to pay for attributes.
One is about the evolution of hedonic mechanisms.
Others focus on the connections between hedonic phenomena and mood and emotion.
It is important to note that emotions have, in addition to a valence (hedonic) dimension, an intensity or arousal (energetic) dimension.
Consequently, the choice of the functional form for the hedonic price equation remains an empirical issue.
Hedonic valuation of quality attributes can be misleading when the assumption that these attributes are exogenous to sample selection is violated.
According to this account, aggressive probands require larger rewards to experience hedonic states equivalent to those of controls.
This scale assesses a range of depressive symptoms including disturbed mood, hedonic capacity, vegetative function, self-evaluation, and interpersonal behavior.