תקציר
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'.
שפה מקורית | אנגלית |
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מספר המאמר | 20180162 |
כתב עת | B.E. Journal of Theoretical Economics |
כרך | 20 |
מספר גיליון | 1 |
מזהי עצם דיגיטלי (DOIs) | |
סטטוס פרסום | פורסם - 1 ינו׳ 2020 |
הערה ביבליוגרפית
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