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
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)
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Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:15606_22
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