The Behavioural Determinants of Subjective Well-Being: A Normative Analysis

            The present study aims to explore different factors which influence well-being or life satisfaction of the respondents. what is inferred from the study is that life satisfaction or well-being of the people is not only limited to quantitative factors like income or age but also qualitative factors like sleep quality do have a major impact. Therefore, here we conclude that well-being or happiness of the people is measured in terms of GDP or National income and also qualitative factors like Gross National Happiness, Sleep Quality of people etc. In the world of 21st century youth of the country are facing many problems such as stress, anxiety, depression etc. which are the negative factors of their life and because of these constraints they are not happy or less satisfied with their life. So, in order to make development in the country we can’t ignore the importance of behavioural economic aspects of living and sustenance like emotion, believes, perception, asymmetric information, identity aspect of behaviour and so on.

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