Benedictine monasteries from the point of view of happiness economics

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F12%3A10124248" target="_blank" >RIV/00216208:11230/12:10124248 - isvavai.cz</a>
Result on the web
<a href="http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I2-P116.pdf" target="_blank" >http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I2-P116.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Benedictine monasteries from the point of view of happiness economics
Original language description
This paper examines Benedictine monasteries and the way of life of Benedictine monks from the perspective of happiness economics. We argue that social interaction and the personal identification of monks with their community are important determinants ofthe successful historical performance of monasteries and of the fact that monasteries have managed to provide satisfaction to many generations of monks. We use Adam Smith's concept of the mutual correspondence of sentiments to describe the nature of social interaction. We describe how higher satisfaction with life motivates monks to fully invest their potential into the future of the organization and thus leads to better corporate governance and management. Finally, the paper presents ideas for futureempirical research in monastic communities.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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