In this paper, Happy Income is introduced as an indicator of physical and socio-psychic wellbeing. It is constructed on the assumption that socio-economic well-being is based on objective circumstances, such as personal income as well as on a subjective evaluation of life. In combining these...

This paper contributes to the question whether technology does increase subjective well-being in a society. Intellectual property rights (IPRs) document the inventiveness of a society and are a legal byproduct of innovations. The impact of these IPRs on subjective well-being are analyzed...