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The economics of happiness or happiness economics is the theoretical, qualitative and quantitative study of happiness and quality of life, including positive and negative affects, well-being, [1] life satisfaction and related concepts – typically tying economics more closely than usual with other social sciences, like sociology and psychology, as well as physical health.
"Hedonic treadmill" is a term coined by Brickman and Campbell in their article, "Hedonic Relativism and Planning the Good Society" (1971), describing the tendency of people to keep a fairly stable baseline level of happiness despite external events and fluctuations in demographic circumstances. [2]
Psychological well-being can also be affected negatively, as is the case with a degrading and unrewarding work environment, unfulfilling obligations and unsatisfying relationships. Social interaction has a strong effect on well-being as negative social outcomes are more strongly related to well-being than are positive social outcomes. [9]
The mnemonic acronym stands for the five core elements of well-being: Positive Emotion, Engagement, Relationships, Meaning, and Accomplishment. [1] The model was introduced in Seligman's book Flourish (2011), and is now widely used in positive psychology interventions, organizational psychology, and development programs. [2] [3]
Lack of Financial Resilience. The No. 1 sign of poor financial health is a lack of financial resilience, Blair said. “The signs of this include living paycheck to paycheck with absolutely no ...
Psychology: PubPsych is a free information retrieval system for psychological resources. It offers a comprehensive and balanced selection of resources from a growing number of international databases with a European focus, covering the needs of academic and professional psychologists. Free Leibniz Institute for Psychology Information
Social psychology utilizes a wide range of specific theories for various kinds of social and cognitive phenomena. Here is a sampling of some of the more influential theories that can be found in this branch of psychology. Attribution theory – is concerned with the ways in which people explain (or attribute) the behaviour of others. The theory ...
Well-being is a multifaceted topic studied in psychology, especially positive psychology.Biologically, well-being is highly influenced by endogenous molecules that impact happiness and euphoria in organisms, often referred to as "well-being related markers".