Offering a thorough assessment of recent developments in the economic literature on happiness and quality of life, this major research handbook astutely considers both methods of estimation and policy application. Luigino Bruni and Pier Luigi Porta's refreshing, and constructively critical, approach emphasizes the subject's integral impact on latter-day capitalism.Expert contributors critically present in-depth research on a wide range of topics including: - the history of the idea of quality of life and the impact of globalization - links between happiness and health - comparisons between hedonic and eudaimonic well-being - the relational and emotional side of human life, including subjective indicators of well-being - genetic and environmental contributions to life satisfaction - the impact of culture, fine arts and new media. Accessible and far-reaching, the Handbook of Research Methods and Applications in Happiness and Quality of Life will prove an invaluable resource for students and scholars of welfare and economics as well as practicing psychologists and researchers. Contributors: M. Bianchi, L. Bruni, L. Crivelli, S. Della Bella, A. Delle Fave, E. Diener, E. Granata, M. Guerini, P. Krause, B. Lopez Noval, M. Lucchini, F. Maggino, H.A. Marujo, N. Matteucci, C. Miller, J. Morozink Boylan, L.M. Neto, G. Nuvolati, A. Pelloni, P.L. Porta, M. Rojas, C.D. Ryff, A. Sen, M.J. Sirgy, L. Stanca, L. Tay, R. Veenhoven, S. Vieira Lima

This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for discussion of the economic issues relating to happiness. It reviews the more recent literature and offers the interested reader an insight into the vast scope of the field in terms of the theory, its applications and also experimental design. The Handbook also gives substantial indications as to the future direction of research in the field, with particular regard to policy applications and developing an economics of interpersonal relations which includes reciprocity and social interaction theory. Reflecting the contribution of a major research activity on the study of happiness, economics and interpersonal relations, this book will be of great interest to economists and psychologists in general, as well as welfare economists and postgraduate scholars of cooperation, welfare, social planning, non-profit, corporate social responsibility and related fields.

Knowledge, Social Institutions and the Division of Labour gives rise to a new and richer institutional analysis of the economy centred around the analysis of language, the division of labour and social knowledge. It is in this perspective that the economic analysis of institutions comes to be associated with the study of civil society, or with the broad framework of communication and coordination behind the interaction of individuals in economic and non-economic spheres. This fascinating book is divided into three parts beginning with the issue of the development of science as an aspect of the division of labour, starting from methodological problems on the communication of scientific knowledge. The volume goes on to explore issues on the moral bases of social interaction and, more particularly, of commercial society before ending with in depth analyses of questions on the division of labour, social institutions and the diffusion of knowledge in society.

This book is the first of its kind to provide a comprehensive overview of happiness in Economics. Although it is comparatively unusual to put happiness and economics together, the association appears increasingly exciting and fruitful. A number of studies have been produced following Richard Easterlins and Tibor Scitovskys pioneering works throughout the 1970s. The essays collected in this book provide an authoritative and comprehensive assessment both theoretical, applied and partly experimental of the whole field moving from the so-called paradoxes of happiness in Economics. The book breaks new ground, particularly on the more recent directions of research on happiness, well-being, interpersonal relations and reciprocity. The meaning of happiness is thoroughly explored and the tension between a hedonic-subjective idea of happiness and a eudaimonic-objective one is discussed. This volume opens with Richard Easterlins own assessment of the main issues. Other authors include Robert H. Frank, Robert Sugden, Bruno S. Frey, Alois Stutzer, Richard Layard, Martha C. Nussbaum, Matt Matravers, Bernard M.S, van Praag, Oded Stark, You Q. Wang, Ruut Veenhoven, Charlotte Phelps, Stefano Zamagni, and Luigi Pasinetti.

This book is a companion volume to the Royal Economic Society edition of The Works and Correspondence of David Ricardo, edited by Piero Sraffa with the collaboration of Maurice Dobb. It completes the record on Ricardian value theory by showing Ricardo's reaction to Malthus's pamphlet The Measure of Value Stated and Illustrated of 1823. Ricardo's Notes are, in Sraffa's words, 'the only considerable item' not appearing in the Royal Economic Society edition of his works. In addition, the recent publication by Cambridge of the variorum edition of Malthus's Principles of Political Economy, edited by J. M. Pullen, makes it possible to understand Malthus's pamphlet as an intermediate step between the 1820 and 1836 editions of the Principles. In his introduction Pier Luigi Porta highlights the place of these Notes in the development of Ricardo's thinking. When taken with Ricardo's paper on 'Absolute Value and Exchangeable Value', these Notes provide the essentials of Ricardian value theory.

Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

In recent years, debates on the economics of happiness have shown that, over the long-term, well-being is influenced more by social and personal relationships than by income. This evidence challenges the traditional economic policy paradigm that has emphasized income as the primary determinant of well-being. This volume brings together contributions from leading scholars to ask: What should be done to improve the quality of people's lives? Can economic and social changes be made which enhance well-being? What policies are required? How do policies for well-being differ from traditional ones targeted on redistribution, the correction of market inefficiencies, and growth? Are there dimensions of well-being that have been neglected by traditional policies? Is happiness a meaningful policy target? The volume presents reflections and proposals which constitute a first step towards answering these questions.

Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

This book is the first of its kind to provide a comprehensive overview of the burgeoning field of happiness and economics. The essays collected in this book provide an authoritative and comprehensive assessment of the theoretical, applied and partly experimental aspects of the whole field and discusses the economic, sociological, philosophical, and psychological contributions to the field. The book breaks new ground, particularly on the more recent directions of research on happiness, well-being, interpersonal relations and reciprocity. The meaning of happiness is thoroughly explored and the tension between various definitions is discussed. The volume opens with Richard Easterlin's own assessment of the main issues. Other authors include Robert H. Frank, Robert Sugden, Bruno S. Frey, Alois Stutzer, Richard Layard, Martha C. Nussbaum, Matt Matravers, Bernard M.S, van Praag, Oded Stark, You Q. Wang, Ruut Veenhoven, Charlotte Phelps, Stefano Zamagni, and Luigi Pasinetti.