Recent Advances in the Economics of Individual Subjective Well-Being
By Alois Stutzer, Bruno S. Frey. Social Science Research Network, 2010
229 citations recorded by the source corpus.
Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulation of the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective well-being is often taken as a proxy measure for individual welfare. In our review, we intend to provide an evaluation of where the economic research on happiness stands and of three directions it might develop. First, it offers new ways for testing the basic assumptions of the economic approach and for going about a new understanding of utility. Second, it provides a new possibility for the complementary testing of theories across fields in economics. Third, we inquire how the insights gained from the study of individual happiness in economics affect public policy.
View Paper: https://www.semanticscholar.org/paper/039ff450ecf42f771ab5da8f7cb91af4f3c6f71a
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Citations in the corpus
- The relationship between well-being and commuting revisited: Does the choice of methodology matter? (2014, background): “Summaries and overviews of this rapidly expanding literature include: Frey and Stutzer (2002a), Frey and Stutzer (2002b), Layard (2005), Kahneman and Krueger (2006), Di Tella and MacCulloch (2006), Clark et al. (2008), Dolan et al. (2008), Stutzer and Frey (2010) and MacKerron (2011).”
- The impact of economic, social and environmental factors on trip satisfaction and the likelihood of visitors returning (2016, methodology): “Relative income studied by (Daly, 1987; Probability that a tourist will return Tourist’s overall trip satisfaction Overall satisfaction with life Diener et al., 1999; Dixon, 1997; Easterlin, 1995, 2003; Layard, 2003; Stutzer & Frey, 2010).”
- Rethinking how built environments influence subjective well-being: a new conceptual framework (2018, background): “SWB usage for public policy has also been strongly supported by various prominent scholars (Diener et al. 2009; Dolan and White 2007; Stutzer and Frey 2010).”