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Happiness, relational goods and hedonic methodology

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

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  • Luca Stanca

Abstract

This chapter reviews recent evidence on valuing interpersonal relations. We focus, in particular, on two approaches that have received much attention in the recent literature on relational goods: the hedonic price method and the life satisfaction approach. We survey the key empirical contributions while discussing the main advantages and limitations of the two approaches.

Suggested Citation

  • Luca Stanca, 2016. "Happiness, relational goods and hedonic methodology," Chapters, in: Luigino Bruni & Pier Luigi Porta (ed.), Handbook of Research Methods and Applications in Happiness and Quality of Life, chapter 22, pages 483-498, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15606_22
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    Keywords

    Economics and Finance; Research Methods;

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