Comparative Study of Happiness and Inequality in Five Industrialized Countries

Toshiaki Tachibanaki () and Sayaka Sakoda
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Toshiaki Tachibanaki: Doshisha University
Sayaka Sakoda: Doshisha University

Chapter Chapter 7 in Advances in Happiness Research, 2016, pp 97-118 from Springer

Abstract: Abstract In many countries, great interest has been shown in the subject of happiness. Traditionally, economists have been interested in utility, which can be obtained from consumption, and so utility was a key concept in microeconomics for a long time. Happiness is concerned not only with utility from consumption but also with satisfaction derived from all kinds of human activities, including marriage, family life, leisure, and such other things. In this chapter, we do not discuss the similarities and differences among utility, satisfaction, and happiness. An important reference is given by, for example, Frey (2008), who presents “happiness” as general satisfaction derived from usual daily life.

Keywords: Inequality Variable; Gini Coefficient; Poverty Rate; Income Mobility; High Inequality (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/978-4-431-55753-1_7

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