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The decline of relational goods in the production of well-being? : presented at the HEIR conference in Venice, Isola di San Servolo, June 11th to 13th 2009
Prinz, Aloys; Bünger, Björn - 2009
In this paper, we attempt to show why the importance of relational goods compared to conventional goods and status goods threatens to decline in contemporary societies. In our point of view, the development of the relative significance of these three types of goods is not a consequence of...
Persistent link: https://www.econbiz.de/10009356432
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The usefulness of a happy income index : presented at the OECD Conference "New Directions in Welfare II", Paris July 2011
Prinz, Aloys; Bünger, Björn Christian - 2011 - April 2011 (revised version of "Living in a material world: Happy Income and Happy Life Years")
In this paper, Happy Income is introduced as an indicator of physical and socio-psychic wellbeing. It is constructed on … the assumption that socio-economic well-being is based on objective circumstances, such as personal income as well as on a … subjective evaluation of life. In combining these factors, Happy Income is a cardinal measure of overall well-being in a given …
Persistent link: https://www.econbiz.de/10009355089