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an economic analysis of happiness are shown and illustrated with two specific applications. The relationship between … the value of public goods. The short discussion of governmental ?happiness policy? from a constitutional viewpoint … suggests a comparative institutional analysis of subjective well-being. The happiness revolution in economics is only at its …
Persistent link: https://www.econbiz.de/10005039605
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This … development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we … postulate that the appropriate approach is not to maximize aggregate happiness in seeking to improve outcomes by direct policy …
Persistent link: https://www.econbiz.de/10005536939
Volunteering constitutes one of the most important pro-social activities. Following Adam Smith, helping others is the way to higher individual well-being. This view contrasts with the selfish utility maximizer who avoids costs from helping others. The two rival views are studied empirically. We...
Persistent link: https://www.econbiz.de/10005673524