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Recent Developments in the Economics of Happiness

Editor

Listed:
  • Bruno S. Frey
  • Alois Stutzer
Abstract
What makes people happy in life? This crucial question has the potential to shake up economics. In recent years, dissatisfaction with the understanding of welfare in economics and new opportunities for empirical study of people’s subjective well-being have spurred impressive and stimulating new research into the ‘dismal’ science, resulting in increased interest in the economics of happiness. Professor Frey and Professor Stutzer have selected contributions by leading scholars which offer a wide-ranging overview of recent developments. These include an exploration of the economic determinants of happiness, the importance of social capital and health for well-being and the new life satisfaction approach to valuing public goods. Work on utility misprediction and adaptation challenges the existing fundamentals of economics, and the role of happiness research in public policy is investigated from different perspectives.

Suggested Citation

  • Bruno S. Frey & Alois Stutzer (ed.), 2013. "Recent Developments in the Economics of Happiness," Books, Edward Elgar Publishing, number 15134.
    • Handle: RePEc:elg:eebook:15134
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    File URL: http://www.e-elgar.com/shop/isbn/9781781953822
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Chen, Le-Yu & Oparina, Ekaterina & Powdthavee, Nattavudh & Srisuma, Sorawoot, 2022. "Robust Ranking of Happiness Outcomes: A Median Regression Perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 672-686.
    2. Jo Ritzen, 2015. "Happiness as a guide to labor market policy," IZA World of Labor, Institute of Labor Economics (IZA), pages 149-149, May.
    3. José Giménez-Nadal & Raquel Ortega, 2015. "Time Dedicated to Family by University Students: Differences by Academic Area in a Case Study," Journal of Family and Economic Issues, Springer, vol. 36(1), pages 132-142, March.
    4. Bruno S. Frey & Anthony Gullo, 2021. "Does Sports Make People Happier, or Do Happy People More Sports?," Journal of Sports Economics, , vol. 22(4), pages 432-458, May.
    5. Z. Bilgen Susanlı, 2018. "Life satisfaction and unemployment in Turkey: evidence from Life Satisfaction Surveys 2004–2013," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(1), pages 479-499, January.
    6. Zvjezdana Prizmić-Larsen & Ljiljana Kaliterna-Lipovčan & Randy Larsen & Tihana Brkljačić & Andreja Brajša-Žganec, 2020. "The Role of Flourishing in Relationship between Positive and Negative Life Events and Affective Well-Being," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 15(5), pages 1413-1431, November.
    7. Jo Ritzen, 2019. "Happiness as a guide to labor market policy," IZA World of Labor, Institute of Labor Economics (IZA), pages 149-149, January.
    8. Marijana Andrijić & Tajana Barbić, 2021. "When the Going Gets Tough … the Effect of Economic Reform Programmes on National Well-Being," Sustainability, MDPI, vol. 13(20), pages 1-19, October.
    9. Chen, Le-Yu & Oparina, Ekaterina & Powdthavee, Nattavudh & Srisuma, Sorawoot, 2019. "Have Econometric Analyses of Happiness Data Been Futile? A Simple Truth about Happiness Scales," IZA Discussion Papers 12152, Institute of Labor Economics (IZA).
    10. Bauer, Anna & Gerner, Hans-Dieter & Jäckle, Robert & Mummert, Uwe & Sandner, Malte & Seebens, Holger, 2023. "OHM Happiness Report (OHR)," MPRA Paper 117403, University Library of Munich, Germany.
    11. Frey, Bruno S., 2017. "Research on Well-Being: Determinants, Effects, and its Relevance for Management," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 71(4), pages 358-367.
    12. Lelkes, Orsolya, 2014. "Boldog-boldogtalan - a közpolitika szerepe [Happiness and unhappiness. The role of public policies]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1381-1396.
    13. Lina El-Jahel & Robert MacCulloch & Hamed Shafiee, 2020. "How does Monetary Policy affect welfare?," Working Papers 20_06, Motu Economic and Public Policy Research.
    14. Pervin Ahu Cerci & Devrim Dumludag, 2019. "Life Satisfaction and Job Satisfaction among University Faculty: The Impact of Working Conditions, Academic Performance and Relative Income," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 144(2), pages 785-806, July.

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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