Valeria Faralla

Happiness and Outdoor Vacations Appreciative versus Consumptive Tourists

Recently particular attention has been devoted to the relationship between leisure activities and subjective well-being. Less attention has been dedicated to tourism as a life satisfaction domain, despite it being one of the most relevant leisure activities. The aim of this article is to contribute to expanding this line of investigation. Building on the Dunlap and Heffernan hypothesis and employing activity-based segmentation, it verifies to what extent environmental attitudes are related to activities that tourists perform during their vacation, and whether a relationship exists between the activities performed and life satisfaction. The hypothesis is that tourists involved in more appreciative activities are normally more concerned about the environment, more beneficial for host territories, and happier. The article demonstrates that a positive association exists between these aspects and the way tourists “use” nature.

Risk Taking and Social Exposure

The paper examines in the laboratory how risk-taking situations are affected by the conditions of observing other’s choices (observer) and being observed by others (source). By extending Yechiam et al.’s (2008) experimental design to the domain of gains we find that observers are more probable than sources to choose risky alternatives producing rare gains than equiprobable gains. The impact of social exposure is also analyzed and interpreted in the context of personality traits to assess how heterogeneity influences risky decisions.

GAIN AND LOSS: A COMMON NEURAL NETWORK FOR ECONOMIC BEHAVIOUR

Event-related functional magnetic resonance imaging was used to investigate the neural mechanisms underlying intertemporal preference for symmetric gains and losses in certain conditions, by asking subjects to choose between two gains or two losses available at different points in time. Our data suggest that a common system is activated when an immediate reward/punishment is available, irrespectively of the impulsive /reflective behaviour performed by the individual.