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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Give your workers something to smile about
Organization Unit
Authors
  • Bruno Frey
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title IESE insight
Publisher IESE Business School
Geographical Reach international
Volume 4
Page Range 60 - 66
Date 2010
Abstract Text Economics is undergoing a remarkable new development, which may even be called revolutionary. This development is likely to change economics substantially in the future. New insights from happiness research are slowly being accepted in standard economics, a field which is traditionally conservative. If the goal of most human beings is to be happy, then a fuller understanding of which factors contribute to well-being is critical, especially if recent findings on what determines happiness are at variance with standard economic theories. Happiness research is even more important in helping to determine which institutional forms best enable individuals to increase their life satisfaction.
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