The Set-Point Theory of Well-Being Needs Replacing: On the Brink of a Scientific Revolution?
AbstractSet-point theory has dominated the field of subjective well-being (SWB). It has served as a classic Kuhn research paradigm, being extended and refined for thirty years to take in new results. The central plank of the theory is that adult set-points do not change, except just temporarily in the face of major life events. There was always some ‘discordant data’, including evidence that some events are so tragic (e.g. the death of one’s child) that people never recover back to their set-point. It was possible to dismiss these events as ‘exceptions’ and maintain the theory. However, several new findings are now emerging, which it is increasingly difficult to dismiss as ‘exceptions’ and which appear to require substantial revisions or replacement of set-point theory. Many of these findings are based on data from the German Socio-Economic Panel Survey (SOEP, 1984 - ) which provides clear evidence of large, long term changes in the set-points of substantial minorities of the population. This paper reviews recent findings and highlights lines of theory development which, at minimum, represent substantial revisions to set-point theory and which may perhaps lead to replacement of the paradigm. There is evidence to suggest that individuals with certain personality traits are more likely to record long term change in SWB than others. Also, SWB appears to depend partly on choice/prioritisation of some life goals rather than others. Pursuit of non-zero sum goals (family and altruistic goals) leads to higher SWB than pursuit of zero sum goals (career advancement and material gains). Both these new lines of theory appear promising and the second, in particular, cannot sensibly be reconciled with set-point theory.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by DIW Berlin, The German Socio-Economic Panel (SOEP) in its series SOEPpapers on Multidisciplinary Panel Data Research with number 55.
Length: 25 p.
Date of creation: 2007
Date of revision:
Publication status: Published in Social Indicators Research (2010), 1, 7-21
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-01-05 (All new papers)
- NEP-HAP-2008-01-05 (Economics of Happiness)
- NEP-HPE-2008-01-05 (History & Philosophy of Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Frank, Robert H, 1985. "The Demand for Unobservable and Other Nonpositional Goods," American Economic Review, American Economic Association, vol. 75(1), pages 101-16, March.
- Ng, Yew-Kwang, 1978. "Economic Growth and Social Welfare: The Need for a Complete Study of Happiness," Kyklos, Wiley Blackwell, vol. 31(4), pages 575-87.
- Bruce Headey, 2006. "Happiness: Revising Set Point Theory and Dynamic Equilibrium Theory to Account for Long Term Change," Discussion Papers of DIW Berlin 607, DIW Berlin, German Institute for Economic Research.
- Bruce Headey, 2006. "Life Goals Matter to Happiness: A Revision of Set-Point Theory," Discussion Papers of DIW Berlin 639, DIW Berlin, German Institute for Economic Research.
- Wunder, Christoph & Schwarze, Johannes, 2009. "Is Posner Right? An Empirical Test of the Posner Argument for Transferring Health Spending from Old Women to Old Men," IZA Discussion Papers 4485, Institute for the Study of Labor (IZA).
- Böhnke, Petra, 2009. "Abwärtsmobilität und ihre Folgen: Die Entwicklung von Wohlbefinden und Partizipation nach Verarmung," Discussion Papers, Research Unit: Inequality and Social Integration SP I 2009-205, Social Science Research Center Berlin (WZB).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bibliothek).
If references are entirely missing, you can add them using this form.