This chapter focuses on the development of the satisfaction aggregation model. Satisfaction with life as a whole or general satisfaction is analysed as a weighted aggregate of the domain satisfactions. It is shown that various domain levels can be distinguished, leading to a two- or three-layer model. The model is applied to job satisfaction for the British data set; the job is broken down into sub-domains such as salary, safety, permanence, etc. The employee then evaluates his/her job based on these. It is argued that various satisfactions can be dealt with as observed numerical variables, which can be used in econometric one- and multiple-equation(s) models.
Keywords: general satisfaction; domain satisfaction; satisfaction aggregation model; job satisfaction; weighted aggregate
Chapter. 6435 words. Illustrated.
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