How are Income and Non-Income Factors Different in Promoting Happiness? An Answer to the Easterlin Paradox
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Keywords
Easterlin Paradox; Happiness; Social Comparison; Pareto Optimality;All these keywords.
JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
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