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Uncounted or illusory blessings? Competing responses to the Easterlin, Easterbrook and Schwartz paradoxes of well-being

✍ Scribed by Des Gasper


Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
160 KB
Volume
19
Category
Article
ISSN
0954-1748

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✦ Synopsis


Abstract

The Easterlin paradox concerns slight or negligible increases in personal satisfaction reported as income rises beyond high middle income levels. Sister paradoxes highlighted by Easterbrook and Schwartz concern the frequent low or negligible impact on personal satisfaction of improvements in various dimensions of life. The paper identifies a range of responses to the paradoxes, shows how these responses reflect a series of different conceptions of the meaning of well‐being, and assesses their cogency. It indicates areas where follow‐on research is required. Copyright © 2007 John Wiley & Sons, Ltd.