کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5034101 1471546 2017 17 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
How does happiness relate to economic behaviour? A review of the literature
ترجمه فارسی عنوان
شادی با رفتار اقتصادی ارتباط دارد؟ مروری بر ادبیات
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


- I review research on how happiness relates to economic behaviour.
- Happiness results from generous and trusting behaviour.
- Happiness results from punishing others but reduces one's inclination to punish.
- Despite much research, the effect of happiness on risk preferences is unclear.
- Happiness reduces impatience over monetary rewards.

This article reviews research on the relationship between happiness (subjective wellbeing) and economic behaviour. I describe how experimental and non-experimental methods have been used, across the social sciences, to investigate how happiness drives, and is driven by, particular behavioural tendencies. I consider interpersonal behaviour (selfishness, trust and reciprocity) and individual behaviour (risk and time preferences). Regarding interpersonal behaviour, a general conclusion is that happiness results from pro-social behaviour. Happiness negatively correlates with selfishness and positively correlates with trust; in both cases there is stronger evidence that the behaviour is a cause of happiness than a consequence of it. Individuals also gain happiness from inflicting costly punishment on those who have harmed them, although being happy reduces the degree to which people are willing to dole out such punishment in the first place. Regarding individual behaviour, the relationship between happiness and risk preferences remains unclear despite a large body of research on the topic, while there is evidence that happiness affects time preferences by reducing impatience. In all cases, I draw distinctions between the long- and short- term relationships between happiness and behaviour.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Behavioral and Experimental Economics - Volume 68, June 2017, Pages 62-78
نویسندگان
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