This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for...

Critics of the labour Theory of value have recently pointed out that a value determination procedure based on input-ouput equations will lead, in the case of joint production, to contradictory results such as negative values and a negative rate of exploitation in economically viable systems...

Consumerism is on the list of critical targets of ecological economists, but an economic theory of consumerism has still to be developed. The present paper intends to contribute to such a theory based on an institutionalist view of consumption as a social process and focussing on the...

This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in...

This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in...