This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting … directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We … emphasize the potential of happiness research in testing competing theories of individual behavior. Second, the crucial issue of …

, recollection of feelings is distorted, decisions are rationalized and wrong intuitive theories of happiness are applied. People …

Happiness research in economics takes reported subjective well-being as a proxy measure for utility and has already … provided many interesting insights about human well-being and its determinants. We argue that future research on happiness in … happiness, and illustrate them with two applications. First, reported subjective well-being can contribute towards a new …

previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A … higher income level raises happiness, however, only to a small extent. …

This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting … directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We … emphasize the potential of happiness research in testing competing theories of individual behavior. Second, the crucial issue of …

, recollection of feelings is distorted, decisions are rationalized and wrong intuitive theories of happiness are applied. People …