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Happiness and public choice
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
ID 396428
Author(s) Frey, Bruno S.; Stutzer, Alois
Author(s) at UniBasel Stutzer, Alois
Year 2010
Title Happiness and public choice
Journal Public Choice
Volume 144
Number 3-4
Pages / Article-Number 557-573
Keywords Economic policy, Happiness, Life satisfaction, Public choice, Social welfare
Abstract Measuring individual welfare using data on reported subjective well-being has made great progress. It offers a new way of confronting public choice hypotheses with field data, e.g., with respect to partisan preferences or rents in the public bureaucracy. Insights from public choice also help to assess the role of happiness measures in public policy. We emphasize that maximizing aggregate happiness as a social welfare function neglects incentive problems and political institutions while citizens are reduced to metric stations. The goal of happiness research should be to improve the nature of the processes through which individuals can express their preferences.
Publisher Springer
ISSN/ISBN 0048-5829 ; 1573-7101
Full Text on edoc Available
Digital Object Identifier DOI 10.1007/s11127-010-9681-y
ISI-Number WOS:000280558200010
Document type (ISI) Article

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