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Research on Well-Being: Determinants, Effects, and its Relevance for Management

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  • Frey, Bruno S.

Abstract

Empirically orientated happiness research provides valuable and new insights to both business and political economics. Managers can benefit from the knowledge gained regarding the determinants and even more from the consequences of subjective well-being. They should, however, not engage in directly trying to raise the happiness of stakeholders. Rather, they should lay the ground for the respective persons being able to reach happiness in the way they choose themselves. Research on well-being provides crucial insights for economic and social policy as well as for business economics considering aspects such as recognition, autonomy, health, personal relationships and political institutions.

Suggested Citation

  • Frey, Bruno S., 2017. "Research on Well-Being: Determinants, Effects, and its Relevance for Management," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 71(4), pages 358-367.
    • Handle: RePEc:nms:untern:10.5771/0042-059x-2017-4-358
    DOI: 10.5771/0042-059X-2017-4-358
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    Cited by:

    1. Potluka, Oto, 2023. "Why and how to use the quality of life as an evaluation criterion?," Evaluation and Program Planning, Elsevier, vol. 100(C).
    2. Masayuki Yoshida & Brian S. Gordon & Jeffrey D. James, 2021. "Social capital and consumer happiness: toward an alternative explanation of consumer-brand identification," Journal of Brand Management, Palgrave Macmillan, vol. 28(5), pages 481-494, September.

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