Abstract

http://ssrn.com/abstract=1134403
 
 

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Hedonomics: Bridging Decision Research with Happiness Research


Christopher K. Hsee


University of Chicago - Booth School of Business

Reid Hastie


University of Chicago - Booth School of Business

Jingqiu Chen


Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management


Perspectives on Psychological Science, Vol. 3, No. 3, pp. 224-243, 2008

Abstract:     
One way to increase happiness is to increase the objective levels of external outcomes; another is to improve the presentation and choices among external outcomes without increasing their objective levels. Economists focus on the 1st method. We advocate the second, which we call hedonomics. Hedonomics studies (a) relationships between presentations (how a given set of mfoutcomes are arranged among themselves or relative to other outcomes) and happiness and (b) relationships between choice (which option among alternative options one chooses) and happiness.

Number of Pages in PDF File: 20

Keywords: happiness, subjective well-being, behavior decision research, hedonomics, evaluability

JEL Classification: D81, D11, D12, D91

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Date posted: May 23, 2008 ; Last revised: November 3, 2008

Suggested Citation

Hsee, Christopher K. and Hastie, Reid and Chen, Jingqiu, Hedonomics: Bridging Decision Research with Happiness Research. Perspectives on Psychological Science, Vol. 3, No. 3, pp. 224-243, 2008. Available at SSRN: http://ssrn.com/abstract=1134403

Contact Information

Christopher K. Hsee (Contact Author)
University of Chicago - Booth School of Business ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
Reid Hastie
University of Chicago - Booth School of Business ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
Jingqiu Chen
Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management ( email )
No.535 Fahuazhen Road
Shanghai Jiao Tong University
Shanghai, Shanghai 200052
China
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