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RELATIVE ECONOMICS AND BALANCED LIFE

Authors: Dr. Anil Kumar Upadhyaya;

RELATIVE ECONOMICS AND BALANCED LIFE

Abstract

“If you want to be successful, have faith in your capabilities. Concentrate on it. Experience the feeling of oneness with your Guru or ideal. Concentrate on the Centre of Bliss (near the heart). Just perceive and experience. Do not think about the favourable and the unfavourable. You will experience the awakenings of a new energy.” - H H Shri Acharya Mahapragya Ji The conceptualization of pleasure is a difficult effort. Recently, a large number of experimental studies provide a base for the analysis of subjective well-being via questionnaires. Beside these positive studies focusing on self-reported happiness, however, there are also normative studies as to what one should expect to make people really happy. The question on the determinants of happiness is probably one of the oldest questions of mankind, as can be seen from the answers that are provided e.g. by religion and philosophy. Now-a-days, there are also answers from psychology, namely positive psychology. In this subject, formalization and quantification is a good attempted using basic relative economic analysis. The objective of this procedure is to clarify the implications of the concept by taking into account that people face constraints when trying to make their lives more comfortable. The most fundamental constraint is the time that is available. Therefore, we introduce a time constraint for people pursuing their different goals in his life.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
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