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The economics of happiness or happiness economics is the theoretical, qualitative and quantitative study of happiness and quality of life, including positive and negative affects, well-being, [1] life satisfaction and related concepts – typically tying economics more closely than usual with other social sciences, like sociology and psychology, as well as physical health.
The Journal of Happiness Studies: An Interdisciplinary Forum on Subjective Well-Being is a peer-reviewed interdisciplinary scientific journal covering the study of happiness and well-being. It was established in 2000 by founding editors Ed Diener , Alex Michalos , and Ruut Veenhoven . [ 1 ]
In general, economic growth and happiness growth tend to go together. Some countries, in some periods, experience economic growth without increasing happiness. The Easterlin paradox is a finding in happiness economics formulated in 1974 by Richard Easterlin , then professor of economics at the University of Pennsylvania , and the first ...
This year, the United States dropped out of the top 20 ranking in happiness for the first time since the report began a little more than a decade ago.
A widely publicized study from 2008 in the British Medical Journal reported happiness in social networks may spread from person to person. [272] Researchers followed nearly 5000 individuals for 20 years in the long-standing Framingham Heart Study and found clusters of happiness and unhappiness that spread up to 3 degrees of separation on ...
Early research studies on gratitude journals by Emmons & McCullough found "counting one's blessings" in a journal led to improved psychological and physical functioning. . Participants who recorded weekly journals, each consisting of five things they were grateful for, were more optimistic towards the upcoming week and life as a whole, spent more time exercising, and had fewer symptoms of ...
Changing happiness levels through interventions is a further methodological advancement in the study of positive psychology, and has been the focus of various academic and scientific psychological publications. Happiness-enhancing interventions include expressing kindness, gratitude, optimism, humility, awe, and mindfulness.
The journal aims to encourage work on the relationship between society, economy, institutions and markets, moral commitments and the rational pursuit of self-interest. Most articles focus on economic action in its social and historical context, drawing from sociology, political science, economics and the management and policy sciences.