HAPPINESS AND WELL-BEING: THE MAIN DETERMINANTS IN THE MODERN WORLD

Authors

  • E. I. Medvedeva N.M. Rimashevskaya Institute Socio-Economic Studies of Population of the Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences (Moscow, Russian Federation)
  • A. V. Yarasheva N.M. Rimashevskaya Institute Socio-Economic Studies of Population of the Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences (Moscow, Russian Federation)
  • S. V. Makar Financial University under the Government of the Russian Federation (Moscow, Russian Federation)

Keywords:

Happiness, well-being, success, economic behavior, indices, life satisfaction, objective and subjective indicators of human satisfaction

Abstract

The object of the study is the categories of “happiness” and “well-being”. The subject of the study is the characteristic features of understanding and defining happiness and well-being in the humanities and social practice. The purpose of the study is to identify in the domestic economic science the concepts associated with the categories of “happiness” and “well-being” and to propose approaches to determining their quantitative values. General scientific methods of analysis and synthesis, dialectical approach to concepts and phenomena, methods of interpretation of secondary data of sociological research are applied. The results of the study are the conclusions confirmed by sociological surveys and indicating the following:

– Russians most often associate a state of happiness with material well-being (income), which allows meeting various needs;

– in the interpretation of happiness as a state of satisfaction with life, gender differences are practically not expressed, at the same time, age-specific features turn out to be very significant;

– in meeting their needs, Russians increasingly associate the feeling of happiness and well-being with managing healthcare costs;

– experts note negative externalities: emotional exhaustion from the prioritization of the desire for income growth and the intergenerational nature of the negative consequences of overstating expectations;

– a situational rethinking of the factors that directly influence stereotypes and the format of a happy and prosperous person is in demand; clarification of the elements necessary to measure happiness and well-being as separate quantities;

– the economic behavior of a person is aimed at satisfying his needs and, thus, is associated with well-being and a sense of success as an attribute of a sense of happiness;

– a sustainable environment is included in the set of indicators of a happy and prosperous life of a Russian;

– an individual’s self-assessment of his own life is the main method of forming subjective indicators of a person’s satisfaction;

– life expectancy is a complex indicator that reflects the impact of objective and subjective factors of a person’s satisfaction with their life (factors affecting a person’shappiness) and their indicators.

The author’s structural model “Human Happiness” which combines the factors that influence the individual’s perception of the state of happiness is proposed.

 

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Author Biographies

E. I. Medvedeva, N.M. Rimashevskaya Institute Socio-Economic Studies of Population of the Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences (Moscow, Russian Federation)

Doctor of Economics, Associate Professor, Leading Researcher at the Behavioral Economics Research Laboratory; Researcher at the GBU Research Institute of Health Organization and Medical Management of the Moscow City Health Department» (Moscow, Russian Federation).

A. V. Yarasheva, N.M. Rimashevskaya Institute Socio-Economic Studies of Population of the Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences (Moscow, Russian Federation)

Doctor of Economics, Full Professor, Head of the Behavioral Economics Research Laboratory

S. V. Makar, Financial University under the Government of the Russian Federation (Moscow, Russian Federation)

Doctor of Economics, Senior Research Scientist, Institute of Regional Economics and Interbudgetary Relations; Professor at the Department of Physical and Socio-Economic Geography, National Research Mordovian State University (Saransk, Russian Federation)

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Published

2023-07-22

How to Cite

Medvedeva Е. И., Yarasheva А. В. ., & Makar С. В. (2023). HAPPINESS AND WELL-BEING: THE MAIN DETERMINANTS IN THE MODERN WORLD . DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 117(2), 14–28. Retrieved from https://discussionj.ru/index.php/polemik/article/view/114