CULTURE, HAPPINESS AND THE PARADOX OF CHOICE IN MODERN MARKET SOCIETIES Cover Image

КУЛТУРА, ЩАСТИЕ И ПАРАДОКСЪТ НА ГОЛЕМИЯ ИЗБОР В СЪВРЕМЕННИТЕ ПАЗАРНИ ОБЩЕСТВА
CULTURE, HAPPINESS AND THE PARADOX OF CHOICE IN MODERN MARKET SOCIETIES

Author(s): Teodor Sedlarski
Subject(s): Economy, Marxist economics, Marketing / Advertising, Socio-Economic Research
Published by: Софийски университет »Св. Климент Охридски«
Keywords: subjective well-being; social status; hedonic adaptation; positional goods; cognitive load; cognitive biases; heuristics; prospect theory; loss aversion; buyer’s remorse; depression; individualism

Summary/Abstract: This article summarizes the main concepts in Barry Schwartz’s book 'The Paradox of Choice: Why More is Less' in the context of the latest insights in happiness economics, the discussion of social status and the cultural dimension of individualism-collectivism in economic literature. It highlights the author’s ideas related to current analytical results in behavioral and institutional research.

  • Issue Year: 23/2024
  • Issue No: 1
  • Page Range: 219-285
  • Page Count: 67
  • Language: Bulgarian
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