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Books > Science & Mathematics > Mathematics > Calculus & mathematical analysis
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Happiness Quantified - A Satisfaction Calculus Approach (Hardcover)
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Happiness Quantified - A Satisfaction Calculus Approach (Hardcover)
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How do we measure happiness? Focusing on subjective measures as a
proxy for welfare and well-being, this book finds ways to do that.
Subjective measures have been used by psychologists, sociologists,
political scientists, and, more recently, economists to answer a
variety of scientifically and politically relevant questions. Van
Praag, a pioneer in this field since 1971, and Ferrer-i-Carbonell
present in this book a generally applicable methodology for the
analysis of subjective satisfaction. Drawing on a range of surveys
on people's satisfaction with their jobs, income, housing,
marriages, and government policy, among other areas of life, this
book shows how satisfaction with life "as a whole" is an aggregate
of these domain satisfactions. Using German, British, Dutch, and
Russian data, the authors cover a wide range of topics, even some
not usually considered part of economic study. The book makes a
distinction between actual satisfaction levels and individual
norms, and in this way complements Van Praag's earlier work within
the Leyden School with his later work in "happiness research".
Among the many topics covered, the authors discuss: individuals'
memory and anticipation processes and the estimation of adaptation
phenomena (how individuals adapt to changing circumstances); the
effect of reference groups on income norms and satisfaction with
income; the importance of climate for well-being, including the
development of a climate-equivalence index; the trade-offs between
chronic diseases and income when well-being is kept constant; the
damage of aircraft noise on well-being; the construction of a new
talent tax tariff; and inequality from a satisfaction perspective,
including the definition of "satisfaction inequalities", a natural
extension of income inequality and poverty. This groundbreaking
book presents new and fruitful methodology that consitutes a
welcome addition to the social sciences.
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