Stutzer, Alois; Frey, Bruno S. - In: Schmollers Jahrbuch : Journal of Applied Social Science … 124 (2004) 2, pp. 191-231
Over the past few years, there has been a steadily increasing interest from economists in happiness research. This paper argues that reported subjective well-being is a satisfactory empirical approximation to individual utility and endeavors to provide an impression of this new, and challenging,...