IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this book chapter

Relational goods and happiness data

In: Handbook of Research Methods and Applications in Happiness and Quality of Life

Listed author(s):
  • Alessandra Pelloni

A fundamental question for economic analysis is how successful an economy is at delivering welfare for its members. According to virtually all cultural traditions, non-instrumental social relations, which we refer to as relational goods, are indeed necessary for a good life. However, relational goods are quintessentially gratuitous and cannot therefore be exchanged through markets or produced by the State. For these reasons their social value cannot enter GDP calculations and risks being ignored in our public discourse. In the past the quantitative evaluation of the impact of relational goods on welfare was just impossible. This is no longer true thanks to the increasing availability of data on subjective well-being (and on social activities themselves). Findings from these data strongly confirm the importance of social ties for our welfare and urge us to give up the anthropological reductionism still characterizing much of economic research.

If 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.

File URL: https://www.elgaronline.com/view/9781783471164.00026.xml
Download Restriction: no

as
in new window

This chapter was published in:
  • Luigino Bruni & Pier Luigi Porta (ed.), 2016. "Handbook of Research Methods and Applications in Happiness and Quality of Life," Books, Edward Elgar Publishing, number 15606.
  • This item is provided by Edward Elgar Publishing in its series Chapters with number 15606_20.
    Handle: RePEc:elg:eechap:15606_20
    Contact details of provider: Web page: http://www.e-elgar.com

    Order Information: Web: http://www.e-elgar.com Email:


    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:elg:eechap:15606_20. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darrel McCalla)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.