What is happiness? Does happiness at work make our employees more productive? Will we be more profitable? Will we have an edge on our competitors? Will this help make a positive impact on the world around us?”  What is the criteria for happiness at work? We are going to be talking about the topic of happiness and how it impacts us on a work sense and the concept of Procedural Utility - is happiness reaching the destination where you’ve ticked off the criteria on your list, or the journey getting there?

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References:

Benz, M., & Stutzer, A. (2003). Do Workers Enjoy Procedural Utility. Applied Economics Quarterly, 49(2), 149-172.

Frey, B. S. (2010). Happiness. A Revolution in Economics. Cambridge, MA: MIT Press.

Frey, B. S., Benz, M., & Stutzer, A. (2004). Introducing Procedural Utility: Not Only What but also How Matters. Journal of Institutional and Theoretical Economics, 160(3), 377-401.

Ryan, R. M., & Deci, E. L. (2000). Self-Determination Theory and the Facilitation of Intrinsic Motivation, Social Development, and Well-Being. American Psychologist, 55(1), 68-78.

Schroth, H. A., & Shah, P. P. (2000). Procedures: Do we really want to know them? An examination of the effects of procedural justice on self-esteem. Journal of Applied Psychology, 85(3), 462-71.

Vargus, A. (2014). Procedural Utility in the Workplace, Evidence from Mexico. Theoretical Economic Letters, 4, 821-828.

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