From full life to balanced life: Extending Martin Seligman's route to happiness
In this paper, a formalization of Martin Seligman's concept of full life is presented by employing basic microeconomics. With the formalized version of the concept, it can be explained why people differ with respect to the levels of pleasant, engaged and meaningful life they are trying to realize. Moreover, it is suggested to extend Seligman's concept of full life to the concept of balanced life. This extension requires that in addition to differences in people's preferences regarding aspects of life also differences in the time opportunity costs are to be taken into account. Finally, a scorecard-approach is proposed to track personal advancement in the process of life balancing.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 02 51 / 83-2 29 10
Fax: 02 51 / 83-2 83 99
Web page: http://www.wiwi.uni-muenster.de/cawm/
More information through EDIRC
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.:
- Michael Rauscher, 1997. "Conspicuous consumption, economic growth, and taxation," Journal of Economics, Springer, vol. 66(1), pages 35-42, February.
- Bruce Headey, 2008. "Life Goals Matter to Happiness: A Revision of Set-Point Theory," Social Indicators Research, Springer, vol. 86(2), pages 213-231, April.
- Yoshitaka Iwasaki, 2007. "Leisure and quality of life in an international and multicultural context: what are major pathways linking leisure to quality of life?," Social Indicators Research, Springer, vol. 82(2), pages 233-264, June.
- Daniel S. Hamermesh & Jungmin Lee, 2007.
"Stressed Out on Four Continents: Time Crunch or Yuppie Kvetch?,"
The Review of Economics and Statistics,
MIT Press, vol. 89(2), pages 374-383, May.
- Daniel S. Hamermesh & Jungmin Lee, 2003. "Stressed Out on Four Continents: Time Crunch or Yuppie Kvetch?," NBER Working Papers 10186, National Bureau of Economic Research, Inc.
- Hamermesh, Daniel S. & Lee, Jungmin, 2005. "Stressed Out on Four Continents: Time Crunch or Yuppie Kvetch?," IZA Discussion Papers 1815, Institute for the Study of Labor (IZA).
- Jeremy Greenwood & Guillaume Vandenbroucke, 2005.
"Hours Worked (Long-Run Trends),"
Economie d'Avant Garde Research Reports
10, Economie d'Avant Garde.
- Duclos, Jean-Yves & Grégoire, Philippe, 2003.
"Absolute and Relative Deprivation and the Measurement of Poverty,"
Cahiers de recherche
- Duclos, Jean-Yves & Gregoire, Philippe, 2002. "Absolute and Relative Deprivation and the Measurement of Poverty," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(4), pages 471-92, December.
- Duclos, Jean-Yves & Grégoire, Philippe, 1999. "Absolute and Relative Deprivation and the Measurement of Poverty," Cahiers de recherche 9910, Université Laval - Département d'économique.
- Duclos, J. & Gregoire, P., 1999. "Absolute and Relative Deprivation and the Measurement of Poverty," Papers 99/5, New South Wales - School of Economics.
- Jean-Yves Duclos & Philippe Gregoire, 2001. "Absolute and Relative Deprivation and the Measurement of Poverty," UFAE and IAE Working Papers 477.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Ariel Rodríguez & Pavlína Látková & Ya-Yen Sun, 2008. "The relationship between leisure and life satisfaction: application of activity and need theory," Social Indicators Research, Springer, vol. 86(1), pages 163-175, March.
- Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
- Kathleen Lloyd & Christopher Auld, 2002. "The Role of Leisure in Determining Quality of Life: Issues of Content and Measurement," Social Indicators Research, Springer, vol. 57(1), pages 43-71, January.
- Christopher Peterson & Nansook Park & Martin Seligman, 2005. "Orientations to happiness and life satisfaction: the full life versus the empty life," Journal of Happiness Studies, Springer, vol. 6(1), pages 25-41, 03.
- Yew-Kwang Ng, 1999. "Utility, informed preference, or happiness: Following Harsanyi's argument to its logical conclusion," Social Choice and Welfare, Springer, vol. 16(2), pages 197-216.
- Daniel Kahneman & Alan B. Krueger & David Schkade & Norbert Schwarz & Arthur Stone, 2004. "Toward National Well-Being Accounts," American Economic Review, American Economic Association, vol. 94(2), pages 429-434, May.
When requesting a correction, please mention this item's handle: RePEc:zbw:cawmdp:17. 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: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.