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Happiness, relational goods and hedonic methodology

Luca Stanca ()

Chapter 22 in Handbook of Research Methods and Applications in Happiness and Quality of Life, 2016, pp 483-498 from Edward Elgar Publishing

Abstract: This chapter reviews recent evidence on valuing interpersonal relations. We focus, in particular, on two approaches that have received much attention in the recent literature on relational goods: the hedonic price method and the life satisfaction approach. We survey the key empirical contributions while discussing the main advantages and limitations of the two approaches.

Keywords: Economics and Finance; Research Methods (search for similar items in EconPapers)
Date: 2016
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Handle: RePEc:elg:eechap:15606_22