Arbeitspapier

Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis

After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how this approach can lead to a normative approach to policy problems that is admissible from a positivist point of view. Section 6 concludes.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. 07-049/3

Klassifikation
Wirtschaft
History of Economic Thought: Microeconomics
Economic Methodology
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
Thema
Happiness economics
subjective well-being
equivalence scales
economic policy
Zufriedenheit
Lebensqualität
Wirtschaftspolitik

Ereignis
Geistige Schöpfung
(wer)
van Praag, Bernard M.S.
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • van Praag, Bernard M.S.
  • Tinbergen Institute

Entstanden

  • 2007

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