The preference-based approach to well being - Deepstash

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The preference-based approach to well being

Preference-based perspective is the idea that people are better off when they themselves consider what is important.

Some people think hard work is necessary to have a valuable life while others prefer family or going out with friends.

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MORE IDEAS FROM THE SAME ARTICLE

Two Belgian economists show that different approaches to well-being can have practical consequences. Using average income, average life satisfaction, and average "equivalent income," Danes are more satisfied than they are wealthy while France is the opposite.

For policy purposes, ...

According to psychologists, happiness and life satisfaction do not coincide. Life satisfaction requires individuals to take a step back to assess their lives while happiness mirrors positive and negative emotions that fluctuate.

Focusing on positive and negative emotions c...

Understanding well-being based on feelings of satisfaction, pleasure, or happiness has two problems.

  • The physical-condition neglect. Humans adapt to their circumstances, meaning the poor and sick can still be relatively happy.
  • Valuation neglect.

This approach claims that both personal characteristics and social circumstances affect what people can achieve with a given amount of resources.

What really matters for well-being is what the person manages to do or to be. But well-being is more than that - it also includ...

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Peter Drucker

“You can’t manage what you can’t measure.”

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What is hope?

  • Hope is more than just a state of mind; it is an action-oriented strength.
  • According to hope researcher Dr. Charles Snyder, from a 'doing' poitn of view, hopefulness is a life-sustaining human strength comprised of clear idea of valuable goals, the capacity t...

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Describing Hope

Hope is a positive cognitive state based on determination and planning to meet a goal successfully. It consists of three things:

  • Goals thinking : the ability to create goals.
  • Pathways thinking : the ...

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