Time-Use and Subjective Well-Being: Is Diversity Really the Spice of Life?

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Naomi Friedman-Sokuler et al., « Time-Use and Subjective Well-Being: Is Diversity Really the Spice of Life? », HAL-SHS : économie et finance, ID : 10.1108/S0147-912120230000051001


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Using the American and the French time-use surveys, we examine whether people have a preference for a more diversified mix of activities, in the sense that they experience greater well-being when their time schedule contains many different activities rather than is concentrated on a very small number. This could be due to decreasing marginal utility, as is assumed for goods consumption, if each episode of time is conceived as yielding a certain level of utility per se. With returns to specialization, people would then face a trade-off between efficiency and diversity in choosing how to allocate time. We examine these issues and investigate potential gender differences, considering both instantaneous feelings and life satisfaction.

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