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The Role of Decision Making Styles in Explaining Happiness

Author

Listed:
  • Andreja Bubić

    (University of Split)

  • Nikola Erceg

    (University of Split)

Abstract

In pursuit of happiness, individuals often choose activities which may be influenced by their general decision making styles that reflect habitual ways of choosing and making decisions. The present study investigated the associations of such tendencies, namely individuals’ temporal perspectives that included present and future focus, and maximizing, with persons’ orientations to happiness and their relevance for subjective well-being. The obtained results confirmed previous reports indicating the relevance of orientations to happiness for subjective well-being. With respect to the decision making styles, they revealed positive correlations with regard to future focus with orientations to meaning and engagement that were also negatively associated with present focus. In addition, present focus was positively correlated with orientation to pleasure. With respect to maximizing, this decision making style was positively associated with all three orientations. While assessing the relevance of decision making styles for subjective well-being, the regression analyses indicated that higher levels of maximizing directly predicted higher levels of negative affect and lower life satisfaction. Next, mediation and network methodologies revealed significant mediating effects of orientations to meaning and engagement with respect to the relationships between future focus with life satisfaction and positive affect, orientation to meaning with respect to the associations between present focus with life satisfaction and positive affect, and orientation to engagement with respect to the relationships between maximizing with life satisfaction and positive affect. These results extend previous knowledge, indicating the relevance of individuals’ decision making styles for their conceptualizations of happiness, as well as subjective well-being.

Suggested Citation

  • Andreja Bubić & Nikola Erceg, 2018. "The Role of Decision Making Styles in Explaining Happiness," Journal of Happiness Studies, Springer, vol. 19(1), pages 213-229, January.
    • Handle: RePEc:spr:jhappi:v:19:y:2018:i:1:d:10.1007_s10902-016-9816-z
    DOI: 10.1007/s10902-016-9816-z
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    References listed on IDEAS

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    1. Christopher Peterson & Nansook Park & Martin Seligman, 2005. "Orientations to happiness and life satisfaction: the full life versus the empty life," Journal of Happiness Studies, Springer, vol. 6(1), pages 25-41, March.
    2. Lung Chen & Ying-Mei Tsai & Mei-Yen Chen, 2010. "Psychometric Analysis of the Orientations to Happiness Questionnaire in Taiwanese Undergraduate Students," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 98(2), pages 239-249, September.
    3. Dianne Vella-Brodrick & Nansook Park & Christopher Peterson, 2009. "Three Ways to Be Happy: Pleasure, Engagement, and Meaning—Findings from Australian and US Samples," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 90(2), pages 165-179, January.
    4. Frey, Bruno S & Stutzer, Alois, 2000. "Happiness, Economy and Institutions," Economic Journal, Royal Economic Society, vol. 110(466), pages 918-938, October.
    5. repec:cup:judgdm:v:7:y:2012:i:6:p:689-704 is not listed on IDEAS
    6. repec:cup:judgdm:v:3:y:2008:i::p:371-388 is not listed on IDEAS
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    Cited by:

    1. Zhongkun Zhu & Wanglin Ma & Chenxin Leng & Peng Nie, 2021. "The Relationship Between Happiness and Consumption Expenditure: Evidence from Rural China," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(4), pages 1587-1611, August.
    2. Lenka Vargová & Ľubica Zibrínová & Gabriel Baník, 2020. "The way of making choices: Maximizing and satisficing and its relationship to well-being, personality, and self-rumination," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 15(5), pages 798-806, September.
    3. repec:cup:judgdm:v:15:y:2020:i:5:p:798-806 is not listed on IDEAS

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