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H
APPINESS
A R
EVOLUTION
IN
E
CONOMICS
Munich Lectures in Economics
Bruno S. Frey
Happiness
Munich Lectures in Economics
Edited by Hans-Werner Sinn
The Making of Economic Policy: A Transaction Cost Politics Perspective,
by
Avinash K. Dixit (1996)
The Economic Consequences of Rolling Back the Welfare State,
by
A. B. Atkinson (1999)
Competition in Telecommunications,
by Jean-Jacques Laffont and Jean
Tirole (2000)
Taxation, Incomplete Markets, and Social Security,
by Peter A. Diamond
(2003)
Growth and Empowerment: Making Development Happen,
by Nicholas
Stern, Jean-Jacques Dethier and F. Halsey Rogers (2005)
Happiness: A Revolution in Economics,
by Bruno S. Frey (2008)
In cooperation with the council of the Center for Economic Studies of
the University of Munich
Council members: Martin Beckman, David F. Bradford, Gebhard Flaig,
Otto Gandenberger, Franz Gehrels, Martin Hellwig, Bernd Huber,
Mervyn King, John Komlos, Richard Musgrave, Ray Rees, Bernd
Rudolph, Agnar Sandmo, Karlhans Sauernheimer, Klaus Schmidt,
Hans Schneeweiss, Robert Solow, Joseph E. Stiglitz, Wolfgang Wiegard,
Charles Wyplosz
Happiness
A Revolution in Economics
Bruno S. Frey
in collaboration with Alois
Stutzer, Matthias Benz,
Stephan Meier, Simon
Luechinger, and Christine
Benesch
The MIT Press
Cambridge, Massachusetts
London, England
© 2008 Massachusetts Institute of Technology
All rights reserved. No part of this book may be reproduced in any form by any electronic
or mechanical means (including photocopying, recording, or information storage and
retrieval) without permission in writing from the publisher.
For information on quantity discounts, email special_sales@mitpress.mit.edu.
Set in Palatino by SPi Publisher Services, Puducherry, India. Printed and bound in the
United States of America.
Library of Congress Cataloging-in-Publication Data
Frey, Bruno S.
Happiness : a revolution in economics / Bruno S. Frey, in collaboration with Alois
Stutzer . . . [et al.].
p. cm. — (Munich lectures in economics)
Includes bibliographical references and index.
ISBN 978-0-262-06277-0 (hardcover : alk. paper)
1. Happiness—Economic aspects. 2. Economics—Psychological aspects. I. Title.
BF575.H27F74 2007
330.01—dc22
2007038248
10 9 8 7 6 5 4 3 2 1
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