Happiness Quantified
A Satisfaction Calculus Approach
Ferrer-i-Carbonell, Ada University of Amsterdam, Tinbergen Institute and AIAS
Praag, Bernard van University of Amsterdam, Tinbergen Institute and SCHOLAR
Print publication date: 2004 (this edition)
Published to Oxford Scholarship Online: January 2005
Print ISBN-13: 978-0-19-828654-7
doi:10.1093/0198286546.003.0016
Bernard Van Praag
This chapter synthesises the findings presented in the book. It highlights the success in developing a methodology that can analyse satisfaction along the lines similar to those used by econometricians to analyse ‘objective’ variables. Future research should focus on developing methods that can estimate decision-utility functions for other domains, the relevance of the neoclassical equilibrium assumption, and the importance of collaborating with sister disciplines.
Keywords: satisfaction, decision-utility function, neoclassical equilibrium, social science, economics,
doi:10.1093/0198286546.003.0016
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