Bernard Van Praag

in Happiness Quantified

Published in print April 2004 | ISBN: 9780198286547
Published online January 2005 | e-ISBN: 9780191718601 | DOI:

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This chapter synthesises the findings presented in the book. It highlights the success in developing a methodology that can analyse satisfaction along the lines similar to those used by econometricians to analyse ‘objective’ variables. Future research should focus on developing methods that can estimate decision-utility functions for other domains, the relevance of the neoclassical equilibrium assumption, and the importance of collaborating with sister disciplines.

Keywords: satisfaction; decision-utility function; neoclassical equilibrium; social science; economics

Chapter.  2024 words. 

Subjects: Microeconomics

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