@techreport{ac4ec813610f43d081c6b7acf7cb04d7,
title = "Image and Reality: the Case of Job Satisfaction",
abstract = "This study makes a distinction between two types of utility. Experienced utility is defined as the job satisfaction derived from the present job, estimated by using a subjective evaluation of job satisfaction. Anticipated utility is defined as the individual{\textquoteright}s anticipated job satisfaction before starting the job and it is studied by using a stated preference methodology known as conjoint analysis. The results suggest that the two utility concepts are different. Information about experienced utility is useful for the evaluation of well-being policies and the welfare effects of various employer strategies. Anticipated utility provides knowledge about the job search process.",
keywords = "conjoint analysis, experienced utility, decision utility, job satisfaction, subjective well-being",
author = "Ada Ferrer-i-Carbonell and {Van Praag}, {Bernard M S} and Ioannis Theodossiou",
year = "2007",
month = mar,
language = "English",
series = "University of Aberdeen Business School Working Paper Series",
publisher = "Centre for European Labour Market Research",
number = "15",
type = "WorkingPaper",
institution = "Centre for European Labour Market Research",
}