Utility Maximisation as a Pathway for Maximisation of Happiness
11 Pages Posted: 4 Apr 2012
Date Written: April 2, 2012
Abstract
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.
Keywords: utility maximisation, happiness, evolution, positive psychology
JEL Classification: C90, C91, I30
Suggested Citation: Suggested Citation
Mitra, Siddhartha, Utility Maximisation as a Pathway for Maximisation of Happiness (April 2, 2012). Available at SSRN: https://ssrn.com/abstract=2033486 or http://dx.doi.org/10.2139/ssrn.2033486
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