answer questions

Econ 428 C. Nelson

Reading Guide: “How Not To But Happiness”

1. Give a brief summary of the paper. What is the hypothesis? Why is it interesting or useful?

2. Traditionally, researchers on happiness have argued that shocks are transient and have no lasting (positive or negative) effect on happiness. Does Frank agree with this analysis? Why or why not?

3. What types of goods does Frank argue increase happiness? Which have no/ little effect on happiness?

4. Discuss Franks’ Society A and B examples. Which society would you choose under each of the four scenarios? Why? Explain.