Main entry:

Frey, Bruno S.

Title & Author:

Happiness : a revolution in economics / Bruno S. Frey, in collaboration with Alois Stutzer [and others].

Edition:

First MIT Press paperback edition.

Publication:

Cambridge, Mass. : MIT Press, 2010.

Description:

xiii, 240 pages : illustrations ; 23 cm.

Series:

Munich lectures in economics

Notes:
Includes bibliographical references (pages 205-236) and index.
Series foreword -- Preface -- Major developments -- Research on happiness -- The relationship of happiness to utility -- How income affects happiness -- How unemployment affects happiness -- How inflation and inequality affect happiness -- Pushing ahead -- The public sphere -- Self-employment and voluntary work -- Marriage and happiness -- Watching television -- Procedural utility -- Mispredicting utility -- The value of public goods -- Policy consequences -- Happiness policies -- Happiness and political institutions -- A revolution in economics -- References -- Index.

Summary:

"Revolutionary developments in economics are rare. The conservative bias of the field and its enshrined knowledge make it difficult to introduce new ideas not in line with received theory. Happiness research, however, has the potential to change economics substantially. Its findings, which are gradually being taken into account in standard economics, can be considered revolutionary in three respects: the measurement of experienced utility using psychologists' tools for measuring subjective well-being, new insights into how human beings value goods and services and social conditions that include consideration of such non-material values as autonomy and social relations, and policy consequences of these new insights that suggest different ways for government to affect individual well-being. In Happiness, Bruno Frey, emphasizing empirical evidence rather than theoretical conjectures, substantiates these three revolutionary claims for happiness research.
After tracing the major developments of happiness research in economics and demonstrating that we have gained important new insights into how income, unemployment, inflation, and income demonstration affect well-being, Frey examines democracy and federalism, self-employment and volunteer work, marriage, terrorism, and watching television from the new perspective of happiness research. Turning to policy implications, Frey describes how government can provide the conditions under which people can achieve well-being, arguing that effective political institutions and decentralized decision making play crucial roles. Happiness demonstrates the achievements of the economic happiness revolution and points the way to future research."--Pub. desc.

Resources:
Table of contents

ISBN:

9780262514958 (pbk.)
0262514958 (pbk.)
9780262062770
0262062771

Subject:

Happiness Economic aspects.
Economics Psychological aspects.
Bonheur Aspect économique.
Économie politique Aspect psychologique.
Qualité de la vie.
Aspects économiques.
Vie professionnelle.
Vie sociale.
Aspects psychologiques.
Economics.
Lebensqualität
Wirtschaftsentwicklung
Zufriedenheit
Wirtschaftstheorie
Glück
Wirtschaftspsychologie.

Added entries:

Munich lectures in economics.

Holdings:

Location: Library main 298951
Call No.: BIB 245078
Status: Available