Hedonimetry

Hedonimetry is the study of happiness as a measurable economic asset. The first major work in the field was an 1881 publication of Mathematical Psychics by the famous statistician and economist Francis Ysidro Edgeworth, who hypothesized a way of measuring happiness in units.[1] In recent times, it has been applied to many areas, including consumer behavior and health care.

See also

References

  1. Edgeworth, F. Y. (1881): Mathematical Psychics, Kegan Paul, London.


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