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-  2013 

UTILITY MAXIMISATION AS A PATHWAY FOR MAXIMISATION OF HAPPINESS

DOI: 10.7906/indecs.11.3.6

Keywords: happiness, utility maximisation

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Abstract:

It is hypothesized that pursuit of human happiness is carried out through adaptive change in utility functions by drawing lessons from, in an ex-post manner, the effect of short run utility maximizing choices on utility possibilities. A reference frame for future research is designed to check the truth of this hypothesis which would draw on the methodology already in use for conducting happiness surveys

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