This master thesis in economics discusses the time use of today as well as the observed trends in time use over the last 20 years in Sweden. This is done by analysing time-use and consumption data at the microeconomic level, i.e. by explaining individual behaviour given the economic assumption of a rational behaviour. We reach the conclusion that the value of time is an important explanatory variable concerning the rationality in that time is used differently by different individuals and in the changed use of time. Furthermore, other variables such as social norms and the process benefit of a certain activity, i.e. the satisfaction obtained from performing this activity, are also crucial determinants. In addition we discuss whether an increased value of time results in an increased level of stress, and we reach the conclusion that stress above all is attached to certain socioeconomic groups. However, we are of the opinion that the increased value of time can explain a perceived general increase in the speed of time. Finally, the thesis ends with a discussion in which time is linked to happiness and welfare, and we pose the question whether the indiviual uses his/her time in such a way that happiness is maximised. We conclude that it is difficult to use one’s time in this way, since it is impossible to know one’s total supply of time.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:liu-2736 |
| Date | January 2005 |
| Creators | Andersson, Lina, Hultgren, Maja |
| Publisher | Linköpings universitet, Ekonomiska institutionen, Linköpings universitet, Ekonomiska institutionen, Ekonomiska institutionen |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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