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@article{ART002025826},
author={Yee, Jaeyeol},
title={Social Quality, Competition, and Happiness},
journal={Asia Review},
issn={2234-0386},
year={2015},
volume={4},
number={2},
pages={3-29}

TY - JOUR
AU - Yee, Jaeyeol
TI - Social Quality, Competition, and Happiness
JO - Asia Review
PY - 2015
VL - 4
IS - 2
PB - 아시아연구소
SP - 3
EP - 29
SN - 2234-0386
AB - Despite the remarkable economic growth and democratization, South Korea today is suffering from the paradox of affluence and democratization. Despite being among the East Asian countries that have experienced great economic progress, we are witnessing a sharp deficit in citizens’ life satisfaction. This research finds the main source of the problem in the reduction of marginal utility in increased material goods, while at the same time, competition for social status has intensified. Under these circumstances, Social quality, which represents the quality of the society, assumes paramount importance. Empirical analysis suggests that people’s happiness is highly correlated with and contingent upon the social quality, especially the competence of civil society. And if the social quality is limited, the effect of material wealth on happiness all but vanishes. Because of its low levels of social quality, Korean society is plagued with passive risk aversion, excessive material-based competition, and winner-takes all outcomes. Therefore, in order to increase happiness and satisfaction it is imperative to improve the social quality. The article comes to the conclusion that enhanced fairness and transparency is the key.
KW - Social status;paradox of affluence;paradox of democratization;social quality;transparency;fairness
DO -
UR -
ER -

Yee, Jaeyeol. (2015). Social Quality, Competition, and Happiness. Asia Review, 4(2), 3-29.

Yee, Jaeyeol. 2015, "Social Quality, Competition, and Happiness", Asia Review, vol.4, no.2 pp.3-29.

Yee, Jaeyeol "Social Quality, Competition, and Happiness" Asia Review 4.2 pp.3-29 (2015) : 3.

Yee, Jaeyeol. Social Quality, Competition, and Happiness. 2015; 4(2), 3-29.

Yee, Jaeyeol. "Social Quality, Competition, and Happiness" Asia Review 4, no.2 (2015) : 3-29.

Yee, Jaeyeol. Social Quality, Competition, and Happiness. Asia Review, 4(2), 3-29.

Yee, Jaeyeol. Social Quality, Competition, and Happiness. Asia Review. 2015; 4(2) 3-29.

Yee, Jaeyeol. Social Quality, Competition, and Happiness. 2015; 4(2), 3-29.

Yee, Jaeyeol. "Social Quality, Competition, and Happiness" Asia Review 4, no.2 (2015) : 3-29.