FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2188414564> ?p ?o ?g. }

• W2188414564 abstract "This paper develops a formal and rigorous economic theory that provides a micro foundation for studying happiness from the perspectives of social happiness maximization and pursuit of individual self-interest, and can be especially used to study a paradox at the heart of our lives: average happiness levels do not increase as countries grow wealthier. The theory, which takes into account both income factors and non-income factors, integrates the existing reference group theory and the omitted variables theory, and identifles a fundamental con∞ict between individual and social welfare/happiness. We show that, up to a critical income level that is positively related to non-material status, increase in income enhances happiness. Once the critical income level is achieved, increase in income cannot increase social happiness and in fact, somewhat surprising, social happiness actually decreases, resulting in Pareto ine‐cient outcomes. A policy implication of our model is that government should promote income and non-income status in a balanced way by increasing public expenses on non-material wants such as mental status, family life, health, basic human rights, etc. when national income becomes relatively large. Our empirical results conflrm the implication and are robust across the countries under consideration." @default.
• W2188414564 created "2016-06-24" @default.
• W2188414564 creator A5028404773 @default.
• W2188414564 creator A5040385526 @default.
• W2188414564 date "2006-01-01" @default.
• W2188414564 modified "2023-09-27" @default.
• W2188414564 title "A Formal Economic Theory for Happiness Studies: A Solution to the Happiness-Income Puzzle ⁄" @default.
• W2188414564 cites W1489425530 @default.
• W2188414564 cites W1498158942 @default.
• W2188414564 cites W1507924625 @default.
• W2188414564 cites W1534162224 @default.
• W2188414564 cites W1556850685 @default.
• W2188414564 cites W1569924848 @default.
• W2188414564 cites W1585188970 @default.
• W2188414564 cites W1588323928 @default.
• W2188414564 cites W1606015852 @default.
• W2188414564 cites W1735969924 @default.
• W2188414564 cites W1810771657 @default.
• W2188414564 cites W1848456481 @default.
• W2188414564 cites W1883896725 @default.
• W2188414564 cites W1914346871 @default.
• W2188414564 cites W193119862 @default.
• W2188414564 cites W1945064087 @default.
• W2188414564 cites W1965419409 @default.
• W2188414564 cites W1965759476 @default.
• W2188414564 cites W1977288176 @default.
• W2188414564 cites W1983312086 @default.
• W2188414564 cites W1990206896 @default.
• W2188414564 cites W2012803032 @default.
• W2188414564 cites W2013545157 @default.
• W2188414564 cites W2016261870 @default.
• W2188414564 cites W2017489484 @default.
• W2188414564 cites W2025896574 @default.
• W2188414564 cites W2029452094 @default.
• W2188414564 cites W2033614709 @default.
• W2188414564 cites W2041540949 @default.
• W2188414564 cites W2044574050 @default.
• W2188414564 cites W2048002868 @default.
• W2188414564 cites W2050675020 @default.
• W2188414564 cites W2061129645 @default.
• W2188414564 cites W2070808447 @default.
• W2188414564 cites W2074984459 @default.
• W2188414564 cites W2076802470 @default.
• W2188414564 cites W2087658814 @default.
• W2188414564 cites W2088155659 @default.
• W2188414564 cites W2104567454 @default.
• W2188414564 cites W2109480260 @default.
• W2188414564 cites W2110886104 @default.
• W2188414564 cites W2112484287 @default.
• W2188414564 cites W2113635449 @default.
• W2188414564 cites W2115371793 @default.
• W2188414564 cites W2119591096 @default.
• W2188414564 cites W2124695873 @default.
• W2188414564 cites W2130774671 @default.
• W2188414564 cites W2132103027 @default.
• W2188414564 cites W2137918053 @default.
• W2188414564 cites W2140433662 @default.
• W2188414564 cites W2148112990 @default.
• W2188414564 cites W2152073788 @default.
• W2188414564 cites W2164513234 @default.
• W2188414564 cites W2319716176 @default.
• W2188414564 cites W2334171963 @default.
• W2188414564 cites W28775212 @default.
• W2188414564 cites W2943155306 @default.
• W2188414564 cites W3121288009 @default.
• W2188414564 cites W3121936984 @default.
• W2188414564 cites W3122085899 @default.
• W2188414564 cites W3122260969 @default.
• W2188414564 cites W3122730006 @default.
• W2188414564 cites W3122858749 @default.
• W2188414564 cites W3124063026 @default.
• W2188414564 cites W3125532899 @default.
• W2188414564 cites W3187031679 @default.
• W2188414564 cites W594195616 @default.
• W2188414564 cites W188704959 @default.
• W2188414564 hasPublicationYear "2006" @default.
• W2188414564 type Work @default.
• W2188414564 sameAs 2188414564 @default.
• W2188414564 citedByCount "5" @default.
• W2188414564 countsByYear W21884145642015 @default.
• W2188414564 countsByYear W21884145642016 @default.
• W2188414564 crossrefType "journal-article" @default.
• W2188414564 hasAuthorship W2188414564A5028404773 @default.
• W2188414564 hasAuthorship W2188414564A5040385526 @default.
• W2188414564 hasConcept C100001284 @default.
• W2188414564 hasConcept C138885662 @default.
• W2188414564 hasConcept C15744967 @default.
• W2188414564 hasConcept C162324750 @default.
• W2188414564 hasConcept C2778137410 @default.
• W2188414564 hasConcept C2778999518 @default.
• W2188414564 hasConcept C2780945536 @default.
• W2188414564 hasConcept C41895202 @default.
• W2188414564 hasConcept C4249254 @default.
• W2188414564 hasConcept C77805123 @default.
• W2188414564 hasConceptScore W2188414564C100001284 @default.
• W2188414564 hasConceptScore W2188414564C138885662 @default.
• W2188414564 hasConceptScore W2188414564C15744967 @default.
• W2188414564 hasConceptScore W2188414564C162324750 @default.
• W2188414564 hasConceptScore W2188414564C2778137410 @default.
• W2188414564 hasConceptScore W2188414564C2778999518 @default.

• next