By ATS Education Award Winner Nick Powdthavee
PUBLICATION DATE: 5 August 2010
£14.99, Hardback, ISBN 978-184831-166-4
A past Anglo-Thai Society Education Award winner, Dr. Nattavudh (Nick) Powdthavee is a researcher in applied micro-econometrics, happiness data, health economics, labour economics and experimental and behavioural economics at the University of York. In his book he tackles some profound questions such as: How much is a friendship worth and why is marriage worth £200k a year? Why does happiness from winning a lottery take two years to arrive? Why does time heal a divorce or a death of someone we loved but not unemployment and a severe disability? Why is it better to be a crime victim in a high crime area than in a low crime area? Are parents happier than non-parents? Everybody wants to be happy. But how much happiness precisely will each life choice bring?
Quirky, accessible and unpretentious, THE HAPPINESS EQUATION brings for the first time to a general readership the new science of the economics of happiness. It describes how we can quantify emotional reactions to different life experiences and present them in ways we can understand and relate to.