Flourishing as Productive Tension: Theory and Model

Aviad Heifetz, Enrico Minelli

Research output: Contribution to journalArticlepeer-review

Abstract

Based on insights from psychology, we argue that individual well-being has two incommensurable dimensions, gratification and flourishing. We provide a model in which the individual's vitality is tunneled to different goals/practices. Gratification is represented by discharge of flow, while flourishing corresponds to generated power. The two dimensions are correlated in a way that depends on the characteristics of the available goals/practices, and their relationship need not be monotonic. We also extend the model to social interaction, prove existence of an equilibrium and show the possibility of 'flourishing traps'.

Original languageEnglish
Article number20180162
JournalB.E. Journal of Theoretical Economics
Volume20
Issue number1
DOIs
StatePublished - 1 Jan 2020

Bibliographical note

Publisher Copyright:
© 2019 Walter de Gruyter GmbH, Berlin/Boston.

Keywords

  • flourishing
  • flourishing trap
  • flow
  • gratification
  • social network

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