Intro; Foreword: Happiness or GDP?; Contents; Contributors; List of Figures; List of Tables; Part I: Introduction; Chapter 1: The Relevance of Richard A. Easterlinś Groundbreaking Work. A Historical Perspective; 1.1 The Historical Context; 1.1.1 Early Economists Were Interested in Happiness; 1.1.2 Early Economists Followed the Ethical Tradition When Addressing Happiness; 1.1.3 Jeremy Bentham and Happiness as an Experience People Have; 1.1.4 Utilitarianism Gets into Economics; 1.1.5 Economics Focuses on Explaining Choice While Marginalizing Peopleś Happiness

1.1.6 The Emphasis on Consumption. The Realm of Objects1.1.7 Progress as Economic Growth. The Increasing Relevance of GDP; 1.1.8 Does Economic Growth Improve the Human Lot? Some Doubts Existed; 1.2 Groundbreaking Work by Richard A. Easterlin; 1.2.1 Richard A. Easterlin: Pioneer in Happiness Research; 1.2.2 The Empirical Evidence: The Easterlin Paradox; 1.2.3 Immediate Impact of Easterlinś Research; 1.3 The Economics of Happiness; 1.3.1 Happiness Is Back into Economics; 1.3.2 Peopleś Reports Provide Useful Information Not Available Everywhere; 1.3.3 The Importance of Subjectivity

1.3.4 The Person as Authority to Judge Her Life1.3.5 Working with Concrete Human Beings; 1.3.6 New Directions in Welfare Economics; 1.3.7 On the Notion of Progress; 1.3.8 Doing Research on Happiness; 1.4 The Following Chapters; General References; Part II: Income and Happiness; Chapter 2: Different Versions of the Easterlin Paradox: New Evidence for European Countries; 2.1 Introduction; 2.2 State of the Debate; 2.3 Estimation Strategy; 2.3.1 Estimation Equations for Testing the Country-Group Variants of the Easterlin Paradox

2.3.2 Estimation Equations for Testing the Individual-Country Variants of the Easterlin Paradox2.4 Data and Descriptive Statistics; 2.5 Results; 2.5.1 Results for Groups of Countries; 2.5.2 Results for Individual Countries; 2.6 Conclusions; References; Chapter 3: Lottery Wins and Satisfaction: Overturning Brickman in Modern Longitudinal Data on Germany; 3.1 Introduction; 3.2 Summary of the Main Lottery Literature; 3.3 New Empirical Evidence on the Link Between Lottery Wins and Wellbeing; 3.3.1 Data; 3.3.2 The Sample of Winners; 3.3.3 The Decision to Play

3.4 Econometric Specification and Results3.4.1 Life Satisfaction and Lottery Participation; 3.4.2 Winning in the Lottery and Satisfaction with Income; 3.4.3 Winning in the Lottery and Life Satisfaction; 3.5 Summary and Conclusions; References; Chapter 4: Relative Income, Subjective Wellbeing and the Easterlin Paradox: Intra- and Inter-national Comparisons; 4.1 Introduction; 4.2 Related Literature and Methodology; 4.2.1 Life Satisfaction and Subjective Wellbeing; 4.2.2 Easterlin Paradox; 4.2.3 Rural Versus Urban Life Satisfaction; 4.2.4 Methodology; 4.3 Data; 4.4 Results; 4.5 Conclusions