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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.
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]
Students search together collaboratively for scholarly articles and resources Free Zakta [140] Semantic Scholar: Multidisciplinary It is designed to quickly highlight the most important papers and identify the connections between them. It currently includes on computer science and biomedical publications. Free
Julie Butler and Margaret Kern created the PERMA-Profiler as a measure of the PERMA model. The profiler uses a set of 15 questions (three items per PERMA domain). In the second phase of research eight additional items were added, which assess overall well-being, negative emotion, loneliness, and physical health, resulting in a final 23-item ...
Exploring various cultural perspectives on well-being, Joshanloo (2014) identifies and discusses six broad differences between Western and non-Western conceptions of well-being. For example, whereas Western cultures tend to emphasize the absence of negative emotions and autonomy in defining well-being, Eastern cultures tend to emphasize ...
The traditional adaption theory of Well-Being suggests that people have a pre-determined set point for happiness (Brickman & Campbell, 1971). [16] Any life event, positive or negative, can only have transitory influences on SWB. Diener's research challenged the theory by showing that people do not adapt completely to all events.
Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. [1]The principles of welfare economics are often used to inform public economics, which focuses on the ways in which government intervention can improve social welfare.
Wellbeing economy is a public policy framework in which the economy is designed to serve social, health, cultural, equity and nature outcomes. [1] [2] The aim is to go beyond gross domestic product (GDP) as the main measure of national economic performance.