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Happiness matters.

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| January 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Philippine Daily Inquirer)

Byline: Massie Santos Ballon

IN THE DEC. 3 issue of Science, researchers from Princeton, the University of California at San Diego, the University of Michigan and Stonybrook University discuss a new method of tracking a person's quality of life called the Daily Reconstruction Method, or DRM. By determining how happy individuals are with their lives, future studies that seek to establish how happy a group of people is could become more accurate.

Assessing the happiness of the community, the researchers say, is important for the same reason a nation's gross domestic product (GDP) is important. A high GDP is generally equated with an economically stronger nation, which means a higher quality of life for the people.

Given the above analogy, it isn't too surprising to find that the work was led by Nobel laureate David Kahneman from Princeton (he shared the 2002 Prize in Economics for showing how human psychology can be used to study economics).

No emotional weight

In the study, Kahneman et al. argue that to know how happy people are with their lives, one needs to know how they spend their days.

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