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Economics and HappinessFraming the Analysis$
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Luigino Bruni and Pier Luigi Porta

Print publication date: 2005

Print ISBN-13: 9780199286287

Published to Oxford Scholarship Online: February 2006

DOI: 10.1093/0199286280.001.0001

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The Connection between Old and New Approaches to Financial Satisfaction

The Connection between Old and New Approaches to Financial Satisfaction

Chapter:
(p.196) 8 The Connection between Old and New Approaches to Financial Satisfaction
Source:
Economics and Happiness
Author(s):

Bernard M. S. van Praag (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199286280.003.0009

This chapter claims priority in the field of happiness and economics for the early researches on financial satisfaction by the Leyden School in Holland during the 1960s. Although the scope of the research exercise was more restricted compared to subsequent studies, the present-day significance of the Leyden School econometric approach is shown to provide new insights to the current debate.

Keywords:   welfare, hedonism, rationality

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