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Happiness and productivity

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Proto, Eugenio, Oswald, Andrew J. and Sgroi, Daniel (2009) Happiness and productivity. In: Happiness and Relational Goods conference, Venice, Italy, 11-13 Jun 2009 (Unpublished)

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Official URL: http://www.happinesseconomics.net/ocs/index.php/he...

Abstract

Little is known by economists about how emotions affect productivity. To make persuasive progress, some way has to be found to assign people exogenously to different feelings. We design a randomized trial. In it, some subjects have their happiness levels increased, while others in a control group do not. We show that a rise in happiness leads to greater productivity in a paid piece-rate task. The effect is large; it can be replicated; it is not a reciprocity effect; and it is found equally among males and females. We discuss the implications for economics.

Item Type: Conference Item (Paper)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics
Date: June 2009
Status: Not Peer Reviewed
Publication Status: Unpublished
Version or Related Resource: Proto, Eugenio, et al. (2009). Happiness and productivity. Invited Speaker : LSE Centre for Economic Performance. London, 22 Jun 2011.
Conference Paper Type: Paper
Title of Event: Happiness and Relational Goods conference
Type of Event: Conference
Location of Event: Venice, Italy
Date(s) of Event: 11-13 Jun 2009
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URI: http://wrap.warwick.ac.uk/id/eprint/45026

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