Happiness: a revolution in economics

Series foreword -- Preface -- Major developments -- Research on happiness -- The relationship of happiness to utility -- How income affects happiness -- How unemployment affects happiness -- How inflation and inequality affect happiness -- Pushing ahead -- The public sphere -- Self-employment and voluntary work -- Marriage and happiness -- Watching television -- Procedural utility -- Mispredicting utility -- The value of public goods -- Policy consequences -- Happiness policies -- Happiness and political institutions -- A revolution in economics -- References -- Index.

In this text a leading economist discusses the potential of happiness research (the qualification of well-being) to answer important questions that standard economics methods are unable to analyze. Emphasizing empirical evidence rather than theoretical conjectures, Frey substantiates the need for happiness research.