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The B.E. Journal of Theoretical Economics

Editor-in-Chief: Schipper, Burkhard

Ed. by Fong, Yuk-fai / Peeters, Ronald / Puzzello , Daniela / Rivas, Javier / Wenzelburger, Jan

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Flourishing as Productive Tension: Theory and Model

Aviad Heifetz / Enrico Minelli
Published Online: 2019-11-20 | DOI: https://doi.org/10.1515/bejte-2018-0162


Based on insights from psychology, we argue that individual well-being has two incommensurable dimensions, gratification and flourishing. We provide a model in which the individual’s vitality is tunneled to different goals/practices. Gratification is represented by discharge of flow, while flourishing corresponds to generated power. The two dimensions are correlated in a way that depends on the characteristics of the available goals/practices, and their relationship need not be monotonic. We also extend the model to social interaction, prove existence of an equilibrium and show the possibility of ‘flourishing traps’.

Keywords: gratification; flourishing; flow; social network; flourishing trap


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About the article

Published Online: 2019-11-20

Citation Information: The B.E. Journal of Theoretical Economics, Volume 20, Issue 1, 20180162, ISSN (Online) 1935-1704, DOI: https://doi.org/10.1515/bejte-2018-0162.

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