Open AccessUtility Maximisation as a Pathway for Maximisation of Happiness
Author(s) -
Siddhartha Mitra
Publication year - 2013
Publication title -
interdisciplinary description of complex systems
Language(s) - English
Resource type - Journals
eISSN - 1334-4684
pISSN - 1334-4676
DOI - 10.7906/indecs.11.3.6
Subject(s) - happiness , econometrics , economics , psychology , social psychology
It is hypothesized that pursuit of human happiness is carried out through adaptive change in utility functions by drawing lessons from, in an ex-post manner, the effect of short run utility maximizing choices on utility possibilities. 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