TAILIEUCHUNG - Does watching TV make us happy?

Americans gets news from both traditional and digital news sources – 38% currently, up from 34% in 2010. And the percentage relying only on digital platforms for news also has increased, from 8% to 12%. Notably, the falloff in the use of just traditional news sources has not come just among young people. Among those 40 to 49, just 24% say they got news yesterday only from television, print newspapers or radio, down from 40% in 2010. Two years ago, about as many people in this age group said they got news only from traditional platforms yesterday as from. | ELSEVIER Available online at 1 4 Science Direct Journal of Economic Psychology 28 2007 283-313 JOURNAL OF Economic Psychology locate joep Does watching TV make us happy Bruno S. Frey a Christine Benesch a Alois Stutzer b a Institute for Empirical Research in Economics University of Zurich Winterthurerstrasse 30 CH-8006 Zurich Switzerland b Department of Economics University of Basel Petersgraben 51 CH-4003 Basel Switzerland Received 20 January 2006 received in revised form 5 July 2006 accepted 4 August 2006 Available online 14 February 2007 Abstract Watching TV is a major human activity. Because of its immediate benefits at negligible immediate marginal costs it is for many people tempting to view TV rather than to pursue more engaging activities. As a consequence individuals with incomplete control over and foresight into their own behavior watch more TV than they consider optimal for themselves and their well-being is lower than what could be achieved. We find that heavy TV viewers and in particular those with significant opportunity cost of time report lower life satisfaction. Long TV hours are also linked to higher material aspirations and anxiety. 2007 Elsevier . All rights reserved. JEL classification D12 D91 I31 J22 PsycINFO classification 3000 3740 3900 Keywords Life satisfaction Mispredicting utility Revealed behavior Self-control problem TV consumption 1. Introduction Watching TV is a very important activity carried out by most people in the majority of countries. On average people in Europe spend 226 min watching TV a day in the United Corresponding author. Tel. 41 44 634 3730 fax 41 44 634 3599. E-mail address bsfrey@ . Frey . 0167-4870 - see front matter 2007 Elsevier . All rights reserved. doi 284 . Frey et aỉ. I Journal of Economic Psychology 28 2007 283-313 States TV viewing on average amounts even to 297 min per day IP Germany 2005 . In many countries nowadays

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