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Happiness Quantified
A Satisfaction Calculus Approach
Bernard van Praag and Ada Ferrer-i-Carbonell
372 pages
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numerous line drawings and tables
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234x156mm
978-0-19-828654-7
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Hardback
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06 April 2004
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This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.
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- This book present the long-awaited research of a pioneer in the empirical measurement of well-being for the last thirty years.
- The book's methods can be applied to a range of political and scientific fields, including the damage caused by chronic diseases, the construction of family- and climate-equivalence scales, and noise damage.
- A theoretical and empirical breakthrough that offers a new and fruitful methodology to the social sciences.
How do we measure happiness? Focusing on subjective measures as a proxy for welfare and well-being, this book finds ways to do that. Subjective measures have been used by psychologists, sociologists, political scientists, and, more recently, economists to answer a variety of scientifically and politically relevant questions. Van Praag, a pioneer in this field since 1971, and Ferrer-i-Carbonell present in this book a generally applicable methodology for the analysis of subjective satisfaction. Drawing on a range of surveys on people's satisfaction with their jobs, income, housing, marriages, and government
policy, among other areas of life, this book shows how satisfaction with life "as a whole" is an aggregate of these domain satisfactions. Using German, British, Dutch, and Russian data, the authors cover a wide range of topics, even some not usually considered part of economic study.
The book makes a distinction between actual satisfaction levels and individual norms, and in this way complements Van Praag's earlier work within the Leyden School with his later work in "happiness research". Among the many topics covered, the authors discuss: individuals' memory and anticipation processes and the estimation of adaptation phenomena (how individuals adapt to changing circumstances); the effect of reference groups on income norms and satisfaction with income; the importance of climate
for well-being, including the development of a climate-equivalence index; the trade-offs between chronic diseases and income when well-being is kept constant; the damage of aircraft noise on well-being; the construction of a new talent tax tariff; and inequality from a satisfaction perspective, including the definition of "satisfaction inequalities", a natural extension of income inequality and poverty.
This groundbreaking book presents new and fruitful methodology that consitutes a welcome addition to the social sciences.Readership: Academics and students in economics, sociology, and other social sciences concerned with the study of happiness and personal income in particular.
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Bernard van Praag, University of Amsterdam, Tinbergen Institute and SCHOLAR, and Ada Ferrer-i-Carbonell, University of Amsterdam, Tinbergen Institute and AIAS
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"Unlike other books that were published on this same topic before it, Hapiness Quantified is jam-packed with statistical theories, econometric models, policy applications, and not to mention a whole lot of numbers." - Journal of Economic Literature "The book constitutes an important contribution to the economics of happiness, in particular because of its rigorous econometric techniques. Its approach will be appealing for economists and for all those social scientists interested in quantitative analysis." - Journal of Happiness Studies "This book is timely, coming in themiddle of anupsurge of interest in happiness, satisfaction, and other measures of utility-related concepts." - Journal of
Economic Behaviour and Organization "It is written as a technical text, but for the interested reader with training in economics it is accessible, indeed highly readable... highly original... Welfare economics clearly has been substantially enriched by Van Praags and his colleagues' work." - Journal of Economics "Happiness Quantified does what it promises: Provides excellent quantitative analysis on happiness research, and thus provides an important contribution to the literature." - The Journal of Economic Inequality "Simultaneously an authoritative and readable introduction to happiness economics for the novice and a treasure trove for all scholars in this field...refreshing" - Economica
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1: Introduction
2: The analysis of income satisfaction with an application to family equivalence scales
3: Domain satisfactions
4: The aggregation of satisfactions: General satisfaction as an aggregate
5: Political satisfaction
6: Males, females, and households
7: The impact on past and future on present satisfaction
8: The influence of the reference group on norms
9: Health and subjective well-being
10: The effects of climate on welfare and well-being: External effects
11: How to find compensations for aircraft noise nuisance
12: Taxation and well-being
13: Subjective income inequalities
14: A generalized approach to subjective inequalities
15: Poverty
16: Epilogue
References
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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