Table of Contents

Recent Developments in the Economics of Happiness

Recent Developments in the Economics of Happiness

Elgar Research Reviews in Economics

Bruno S. Frey and Alois Stutzer

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.

About this Research Review

Bruno S. Frey and Alois Stutzer

Subjects: economics and finance, economic psychology

About Elgar Research Reviews

Elgar Research Reviews consist of two principal components: a scholarly Review Article and a list of Recommended Readings.

The Review Article prepared by a leading scholar introduces the relevant field of academic study by making reference to the seminal and most transformative articles within that field. This piece sets in context the readings that follow, illustrating how they have shaped the scholarship and why they are important to the development of the field. The Recommended Readings have full references to facilitate further research.

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Finding a print version of the recommended readings

A print edition of this resource, which also includes the full text of the Recommended Readings in their original layout is available as a single print work, Recent Developments in the Economics of Happiness, edited by Bruno S. Frey and Alois Stutzer (ISBN 978 1 78195 382 2). Use the Find This Book In Your Library button at the top of this page to see if it is available in your library. (The button only appears if your library has provided their link resolver details.)