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This paper introduces the concept of self in economics by providing a formalisation of the authoritative approach in empirical psychology called Self-Determination Theory [Deci, E.L., Ryan, R.M., 2000. The "what" and "why" of goal pursuits: human needs and the self-determination of behavior....
Persistent link: https://www.econbiz.de/10005314807
During the most recent decades people in the US have reported both a stagnant or even declining subjective well-being, as Easterlin (Easterlin, R.A., 1974. Does economic growth improve the human lot? Some empirical evidence. In: David, P.A., Melvin, W.R. (Eds.), Nations and Households in...
Persistent link: https://www.econbiz.de/10005066378
The recent debate on happiness in economics has revived interest in Scitovsky's 1976 book The Joyless Economy, which aims at extending the concept of welfare, and explaining the income-happiness paradox, i.e. “why [American] unprecedented and fast-growing prosperity had left its beneficiaries...
Persistent link: https://www.econbiz.de/10011051757