Happiness Quantified: A Satisfaction Calculus Approach

Paperback | January 9, 2008

byBernard M. S. van Praag, Ada Ferrer-i-Carbonell

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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 andpolitically 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. This groundbreaking book presents a new and fruitful methodology that constitutes a welcome addition to the social sciences. The paperback edition has been revised to bring the literature review up-to-date and the chapter on poverty has been revised andextended to take account of new research.

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From the Publisher

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 andpolitically relevant questions. Van Praag, ...

B. M. S. van Praag studied econometrics at the University of Amsterdam where he defended his dissertation on "Individual Welfare and the Theory of Consumer Behaviour" cum laude in 1968. Between 1969 and 1992 he held consecutive positions as Professor at the Free University of Brussels, Associate Professor at Erasmus University, Rotter...

other books by Bernard M. S. van Praag

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Format:PaperbackDimensions:368 pages, 9.21 × 6.14 × 0.91 inPublished:January 9, 2008Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199226148

ISBN - 13:9780199226146

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Table of Contents

1. Introduction2. The Analysis of Income Satisfaction with an Application to Family Equivalence Scales3. Domain Satisfactions4. The Aggregation of Satisfactions: General Satisfaction as an Aggregate5. Political Satisfaction6. Males, Females, and Households7. The Impact on Past and Future on Present Satisfaction8. The Influence of the Reference Group on our Norms9. Health and Subjective Well-being10. The Effects of Climate on Welfare and Well-being: External Effects11. How to Find Compensations for Aircraft Noise Nuisance12. Taxation and Well-being13. Subjective Income Inequalities14. A generalized approach to subjective inequalities15. Poverty16. EpilogueReferences

Editorial Reviews

`The Leyden School, headed by Bernard M.S. Van Praag, has pioneered in the economic analysis of subjective testimony. This volume assembles and synthesizes much of this valuable body of work. It is characterized by the theoretical and methodological rigor typical of the School, and is rich inits public policy applications.'Richard Easterlin, University of Southern California