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