Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and...

Bruno S. Frey illustrates what he perceives to be the inspirational quality of economics and how this differs from the type of economics studied in many academic institutions. He introduces insights into economics from a psychological perspective, dealing with issues such as transformation of...

The integration of economics and psychology has created a vibrant and fruitful emerging field of study. The essays in Economics and Psychology take a broad view of the interface between these two disciplines, going beyond the usual focus on "behavioral economics." As documented in this volume,...

Reviews of the new approach. What can economists learn from happiness research? / Bruno S. Frey and Alois Stutzer -- Developments in the measurement of subjective well-being / Daniel Kahneman and Alan B. Krueger -- Hedonic psychology and the ambiguities of "welfare" / Mark Kelman -- Economic...