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Happiness Quantified: A Satisfaction Calculus Approach / Edition 2

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Overview

How do we measure happiness? This important and long-awaited book presents a new and unified approach to the analysis of subjective satisfaction and income evaluation. Drawing on empirical analyses of German, British, Dutch, and Russian data, it develops new methodology to establish a model of well-being which includes satisfaction with life as a whole and with various domains of life. This method is applied to study individual and collective norms, to construct family-equivalence scales, to estimate health damages, compensation for externalities, and the construction of tax tariffs, and to define subjective inequalities with respect to well-being, income, and other domains of life. Written for a wide readership of social scientists, the book presents a theoretical and empirical breakthrough into a new and fruitful methodology in the social sciences.

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Product Details

  • ISBN-13: 9780199226146
  • Publisher: Oxford University Press
  • Publication date: 3/1/2008
  • Edition description: REV
  • Edition number: 2
  • Pages: 392
  • Product dimensions: 9.10 (w) x 6.10 (h) x 0.80 (d)

Meet the Author

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, Rotterdam, Professor of Economics at the University of Leiden, and Professor at Erasmus University. In 1992 he was appointed Professor in Applied Economic Research at the University of Amsterdam and Managing Director of the Foundation for Economic Research. In 2000 he became University Professor at the University of Amsterdam. He was the founding president of the European Society for Population Economics, and has been co-editor of the Journal of Population Economics, a member of the Dutch Social Economic Council, and a member of the Dutch Scientific Council for Government Policy. Ada Ferrer-i-Carbonell graduated in Economics at the Universitat Autonoma de Barcelona in 1994. In 1997 she received a Fulbright scholarship to do graduate studies at Rensselaer Polytechnic Institute (RPI) (Troy, NY, USA), where she obtained an M.S. in Economics and did research and teaching. In 2003 she obtained a PhD from the Faculty of Economics and Econometrics at the University of Amsterdam and the Tinbergen Institute, and then another PhD from RPI. She works for the Amsterdam Institute for Advanced Labour Studies at the University of Amsterdam.

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Table of Contents

1 Introduction 1
2 The analysis of income satisfaction with an application to family equivalence scales 15
3 Domain satisfactions 44
4 The aggregation of satisfactions : general satisfaction as an aggregate 77
5 Political satisfaction 96
6 Males, females, and households 114
7 The impact of past and future on present satisfaction 136
8 The influence of the reference group on our norms 158
9 Health and subjective well-being 177
10 The effects of climate on welfare and well-being-external effects 205
11 How to find compensations for aircraft noise nuisance 219
12 Taxation and well-being 239
13 Subjective income inequalities 263
14 A generalized approach to subjective inequalities 281
15 Poverty 291
16 Epilogue 318
References 323
Index 333
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