This paper presents a review of literature, validation, methods, and applications of subjective well-being data in economic analysis. The idea is to provide researchers and policy makers a comprehensive guideline to what need to be considered before embarking on a research in the economics of happiness such as data collection and the validation of happiness scales.

The study of happiness was of interest to early economists and philosophers. Centuries later, it has gone from the fringes of economics to the mainstream. Economists are using happiness surveys to study a host of questions, ranging from the happiness effects of health, marriage, and various institutional arrangements, to the unhappiness effects of unemployment, divorce, and commuting time. Beca...

What Creates Happiness? The economy and the economic policies of government are major concerns for people today. Upon reflection, however, many would agree that the ultimate goal in life should be happiness and satisfaction with life, rather than economic growth, high personal income or a colorful career itself. No doubt, income and consumption (which are what economists normally analyze as pro...

This study demonstrates the feasibility of measuring heart rate (HR) differences associated with emotional states such as anger and happiness with a smartphone. Novice experimenters measured higher HRs during relived anger and happiness (replicating findings in the literature) outside a laboratory environment with a smartphone app that relied on photoplethysmography. Keywords—Human factors, por...

Seeking ever-greater happiness-or what researchers refer to as "subjective well-being" (SWB; Diener, 1984; Diener, Suh, Lucas, & Smith, 1999)-is an important goal for people in almost every nation (Diener, 2000). Indeed, ever since the pursuit of happiness was immortalized in the Declaration of Independence as an inalienable right for all citizens, it has become ingrained in U.S. culture. Yet, ...

the mystics' approach towards the subject of happiness has been originated from quranic verses and divine narrations. in religious resources, admirable happiness, noticing to the benefactor, thanking him, and god's satisfaction will be followed. but indecent happiness is raised from sensual motivations cause ignorance of the benefactor and also inebriation, vanity and deviation. based...