Traditional labour supply theories stress economic variables as unemployment and wages to explain differences inlabour supply behaviour. Nowadays a number of trends can be observed in the literature about labour supply theoryand modelling: the integration of market-based and power based...

After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...