Chapter

The Connection between Old and New Approaches to Financial Satisfaction

Bernard M. S. van Praag

in Economics and Happiness

Published in print December 2005 | ISBN: 9780199286287
Published online February 2006 | e-ISBN: 9780191603006 | DOI: http://dx.doi.org/10.1093/0199286280.003.0009
 						The Connection between Old and New Approaches to Financial Satisfaction

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This chapter claims priority in the field of happiness and economics for the early researches on financial satisfaction by the Leyden School in Holland during the 1960s. Although the scope of the research exercise was more restricted compared to subsequent studies, the present-day significance of the Leyden School econometric approach is shown to provide new insights to the current debate.

Keywords: welfare; hedonism; rationality

Chapter.  10532 words.  Illustrated.

Subjects: Economics

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