Happiness And Health: Lessons—And Questions—For Public Policy

Abstract

This paper reviews the happiness-health relationship from an economics perspective, highlighting the role of adaptation. People's expectations for health standards influence their reported health and associated happiness, a finding that roughly mirrors the Easterlin paradox in income and happiness. Research on unhappiness and obesity shows that norms and stigma vary a great deal across countries and cohorts, mediating the related well-being costs. Better understanding this variance and its effects on incentives for addressing the condition is important to policy design. More generally, the paper discusses how happiness surveys can-and cannot-inform public health policy.