Recent Developments in the Economics of Happiness: A Selective Overview What makes people happy in life? This is a crucial question that has the potential to shake up economics. In recent years, the dissatisfaction with the understanding of welfare in economics together with the new opportunities to empirically study people’s subjective wellbeing have spurred impressive and stimulating new rese...

The "Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive link between average levels of subjective well-being and GDP per capita across countries, and find no ...

BACKGROUND Studies suggest that where people live, play, and work can influence health and well-being. However, the dearth of neighborhood data, especially data that is timely and consistent across geographies, hinders understanding of the effects of neighborhoods on health. Social media data represents a possible new data resource for neighborhood research. OBJECTIVE The aim of this study wa...

This paper approaches well-being from the two distinct perspectives of the Subjective and Objective wellbeing traditions. Drawing from Thai data collected in rural communities through the Resources and Needs Questionnaire (RANQ), the paper analyses the relationship between objective indicators of basic need satisfaction (following Doyal and Gough, 1991) and global happiness and domains satisfac...

Client-agent interactions are prevalent in our daily lives. In this research, we study one such interaction through an economic game that captures the essence of clients’ and agents’ dealings with one another: the fact that agents, whose pay is frequently determined by client happiness, have the incentive to maximize client happiness by giving distorted feedback. In this game, a client undertak...

The study empirically investigates the determinant factors of happiness in Afghanistan using ordered logistic and probit regression models. In study, cross-sectional data collected from 74,351 people 2019 survey Asia Foundation 34 provinces was employed. Our findings confirm that age, marital status, employment, education level, income, foreign language ability, perception country’s future dire...

In recent years, measurement of quality life has received increased attention. We use the satisfaction with and subjective happiness scales in older adults living urban areas Maule Region, Chile; generalized linear models are used (n = 396). find that (1) gender is linked to life, (2) one’s own economic situation have significant effects on happiness, (3) health, family food most important pred...