individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …

on life satisfaction. The results have negative implications for the still dominant theory of SWB, set-point theory. This … changes in life satisfaction. It is becoming clear that the main challenge now for SWB researchers is to develop a new theory … theory holds that adult SWB does not change in the medium or long term, although temporary fluctuations occur due to specific …

lifestyle have substantial and similar effects on life satisfaction. The results have negative implications for a widely … accepted theory of SWB, set-point theory. This theory holds that adult SWB is stable in the medium and long term, although … temporary fluctuations occur due to life events. Set-point theory has come under increasing criticism in recent years, primarily …