Utility and Happiness - Deepstash
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Utility and Happiness

Utility and Happiness

  • Having a bigger house and more money doesn’t necessarily make people happy.
  • Just like social media, things that bring utility need not bring happiness.
  • Surveys show that people usually predict that the things they say they’d pay money for would also boost their happiness — but not always.

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Getting what you want…

Getting what you want…

…need not make you happy.

  • People sometimes make choices they come to regret.
  • We need to question whether society should just feed human desires all the time.
  • Bentham’s utilitarianism conceived of a

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29 reads

An interesting research

An interesting research

  • In 2019, a few economists (Hunt Allcott et al.) investigated how much money they had to pay Facebook users in order to deactivate the Facebook app for one or two months.
  • They found that the median amount was $100, and the average wa...

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William blake

Man was made for Joy & Woe

And when this we rightly know

Through the world we safely go

Joy & Woe are woven fine

WILLIAM BLAKE

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Utility and Economics

Utility and Economics

  • Much of modern economic theory is based around Utility.
  • British Philosopher Jeremy Bentham was the inventor of Utilitarianism.
  • To an economist, utility simply means how much peop...

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118 reads

Happiness research

Happiness research

  • There’s no clear consensus on how to measure happiness.
  • Some neuroscientists have tried to link it to various measures of brain activity.
  • Economists tend to use a cheaper and quicker method, sending out ...

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17 reads

Social Media and Happiness

Social Media and Happiness

  • Allcott et al. found that the people who deactivated Facebook as part of the experiment were happier afterward, reporting higher levels of satisfaction and lower levels of depression and anxiety. This was 25-40% of improvement repo...

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16 reads

Ensuring happiness

Ensuring happiness

  • Happiness is hard to measure.
  • Happiness surveys don’t reveal the measure of true happiness. Because people say what they think they should say due to cultural expectations.
  • People could ...

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21 reads

CURATED FROM

CURATED BY

srividyag

A techie-psychologist-poet. You can buy my book from the link:

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It's fairly easy to look for the things that make us happy, but we have to note that choosing the wrong things to value can lead to more harm than good. We need to be able to pick the thing that bring us happiness and makes our life better in a general sense.

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