Utility Maximisation as a Pathway for Maximisation of Happiness

Siddhartha Mitra

Jadavpur University - Department of Economics

April 2, 2012

It is hypothesized that pursuit of human happiness is carried out through adaptive change in utility functions by noting in an ex-post manner the effect of short run utility maximizing choices on utility possibilities and incorporating the lessons drawn in evolving utility functions more suited to the mentioned pursuit. A reference frame for future research is designed to check the truth of this hypothesis which would draw on the methodology already in use for conducting happiness surveys.

Number of Pages in PDF File: 11

Keywords: utility maximisation, happiness, evolution, positive psychology

JEL Classification: C90, C91, I30

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Date posted: April 4, 2012  

Suggested Citation

Mitra, Siddhartha, Utility Maximisation as a Pathway for Maximisation of Happiness (April 2, 2012). Available at SSRN: http://ssrn.com/abstract=2033486 or http://dx.doi.org/10.2139/ssrn.2033486

Contact Information

Siddhartha Mitra (Contact Author)
Jadavpur University - Department of Economics ( email )
Kolkata, 700032
HOME PAGE: http://www.jaduniv.edu.in/profile.php?uid=977
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