UTILITY MAXIMISATION AS A PATHWAY
FOR MAXIMISATION OF HAPPINESS
Siddhartha MitraDepartment of Economics, Jadavpur University
|INDECS 11(3), 302-309, 2013
Full text available here.
Received: 27 March 2013
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.
happiness, utility maximisation