Interdisciplinary Description of Complex Systems (Jul 2013)
Utility Maximisation as a Pathway for Maximisation of Happiness
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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