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Happiness Quantified: A Satisfaction Calculus Approach

Author

Listed:
  • van Praag, Bernard M. S.

    (University of Amsterdam, Tinbergen Institute and SCHOLAR)

  • Ferrer-i-Carbonell, Ada

    (University of Amsterdam, Tinbergen Institute and AIAS)

Abstract

How do we measure happiness? Focusing on subjective measures as a proxy for welfare and well-being, this book finds ways to do that. Subjective measures have been used by psychologists, sociologists, political scientists, and, more recently, economists to answer a variety of scientifically and politically relevant questions. Van Praag, a pioneer in this field since 1971, and Ferrer-i-Carbonell present in this book a generally applicable methodology for the analysis of subjective satisfaction. Drawing on a range of surveys on people's satisfaction with their jobs, income, housing, marriages, and government policy, among other areas of life, this book shows how satisfaction with life "as a whole" is an aggregate of these domain satisfactions. Using German, British, Dutch, and Russian data, the authors cover a wide range of topics. This groundbreaking book presents a new and fruitful methodology that constitutes a welcome addition to the social sciences. The paperback edition has been revised to bring the literature review up-to-date and the chapter on poverty has been revised and extended to take account of new research.

Suggested Citation

  • van Praag, Bernard M. S. & Ferrer-i-Carbonell, Ada, 2007. "Happiness Quantified: A Satisfaction Calculus Approach," OUP Catalogue, Oxford University Press, number 9780199226146.
    • Handle: RePEc:oxp:obooks:9780199226146
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