@TechReport{iza:izadps:dp3159,
            	author={Oswald, Andrew J. and Powdthavee, Nattavudh},
            	title={Death, Happiness, and the Calculation of Compensatory Damages},
            	year={2007},
	month={Nov},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={3159},
            	url={https://www.iza.org/publications/dp3159},
	abstract={This paper studies the mental distress caused by bereavement. The largest emotional losses are from the death of a spouse; the second-worst in severity are the losses from the death of a child; the third-worst is the death of a parent. The paper explores how happiness regression equations might be used in tort cases to calculate compensatory damages for emotional harm and pain-and-suffering. We examine alternative well-being variables, discuss adaptation, consider the possibility that bereavement affects someone’s marginal utility of income, and suggest a procedure for correcting for the endogeneity of income. Although the paper’s contribution is methodological, and further research is needed, some illustrative compensation amounts are discussed.},
	keywords={well-being;GHQ scores;compensation;happiness;damages;bereavement},
            }