Recent Developments in the Economics of Happiness (The International Library of Critical Writings in Economics series) - Hardcover

Hardcover

ISBN 10: 1781953821 ISBN 13: 9781781953822

Publisher: Edward Elgar Publishing Ltd, 2013

Synopsis

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 title

About the Author

Edited by Bruno S. Frey, Distinguished Professor of Behavioural Science, University of Warwick, UK, Guest Professor, Zeppelin University, Friedrichshafen, Germany and Research Director, CREMA – Centre for Research in Economics, Management and the Arts, Switzerland and Alois Stutzer, Professor of Economics, University of Basel, Switzerland

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2013
• Language: English
• ISBN 10: 1781953821
• ISBN 13: 9781781953822
• Binding: Hardcover
• Number of pages: 552
• Editor: Frey Bruno S., Stutzer Alois