Lok Sang Ho
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View article: Estimating optimal government spending: A psycho‐econometric approach
Estimating optimal government spending: A psycho‐econometric approach Open
We explain total life satisfaction (TLS) using Wave 5 of World Value Survey data covering 58 countries/jurisdictions by regressing TLS on key explanatory variables. By maximizing individuals' TLS with respect to the share of government spe…
View article: Editorial: A new science of suffering, the wisdom of the soul, and the new behavioral economics of happiness: towards a general theory of well-being
Editorial: A new science of suffering, the wisdom of the soul, and the new behavioral economics of happiness: towards a general theory of well-being Open
EDITORIAL article Front. Psychol., 21 September 2023Sec. Positive Psychology Volume 14 - 2023 | https://doi.org/10.3389/fpsyg.2023.1280613
View article: Upward Earnings Mobility in Hong Kong: Policy Implications Based on a Census Data Narrative
Upward Earnings Mobility in Hong Kong: Policy Implications Based on a Census Data Narrative Open
Using census data spanning several decades, this paper offers a new and intuitive approach to understanding earnings mobility. We use “mobility ratios” and “immobility ratios” as indicators of the speed of upward mobility at the top end (i…
View article: Financing Orphan Drugs Through a Blockchain-Supported Insurance Model
Financing Orphan Drugs Through a Blockchain-Supported Insurance Model Open
The cost of treatment for rare diseases is notoriously high imposing threats to the global healthcare system. Existing market-based tools for orphan drugs are not designed to reduce drug prices and could be hampered by adverse selection. W…
View article: International Real Estate Review
International Real Estate Review Open
This paper builds on the literature that shows policy often plays a key role in housing cycles. Using the cointegration approach which focuses on the supply and demand dynamics of the housing market, and with explicit consideration of hous…
View article: HK Children Happiness Index 2015 = 2015年香港兒童快樂指數
HK Children Happiness Index 2015 = 2015年香港兒童快樂指數 Open
According to the results of the 2015 Hong Kong Children’s Happiness Index Survey released by Lingnan University’s Centre for Public Policy Studies (CPPS) today (30 March), the overall Children’s Happiness Index in 2015 dropped noticeably t…
View article: Tax Reform for a Fairer, More Vibrant Economy
Tax Reform for a Fairer, More Vibrant Economy Open
The paper reviews the recent literature on tax reform, and recommends abolishing the profits tax and treating personal incomes from all sources as taxable, including capital gains and dividends. Abolition of the profits tax will vastly imp…
View article: Happiness and government: the role of public spending and public governance
Happiness and government: the role of public spending and public governance Open
We use a quadratic form in the key spending variables to estimate optimal government spending, using World Value Survey data covering 78 countries. We found that the average of total public spending for countries of good public governance,…
View article: 2015 香港快樂指數調查 Hong Kong Happiness Index Survey 2015
2015 香港快樂指數調查 Hong Kong Happiness Index Survey 2015 Open
According to the results of the Hong Kong Happiness Index Survey conducted by Chu Hai College of Higher Education in collaboration with Lingnan University’s Centre for Public Policy Studies, the Happiness Index for Hong Kong people in 2016…
View article: Politicization preys on social ills
Politicization preys on social ills Open
Ho Lok-sang writes that politicians should not distort the truth and manipulate facts to score political points, but always keep the best interests of society at heart.