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According to set point theories of happiness and well-being, each individual possesses a person-specific equilibrium level of well-being that is relatively stable throughout life. It is proposed that even after experiencing major life events (be these positive or negative in nature), individuals return to their set point. Changes in life circumstance may thus have short-term but not long-lasting and sustainable effects. In this entry, we use set point theories as an umbrella term for theories of happiness and well-being that share these postulations, including adaptation level, hedonic treadmill, set point, and dynamic equilibrium theories. This entry describes assumptions of set point theories, summarizes previous research on stability and continuity as well as instability and discontinuity of happiness and well-being across life, and addresses implications of research findings for refining set point theories.

Set Point Theories of Happiness and Well-Being

It is a central assumption of set point theories that happiness and well-being are relatively stable over the long term. The experiences of major positive and negative life events are supposed to have short-term effects on happiness and well-being, after which individuals again return to their equilibrium. Adaptation and habituation are proposed as mechanisms leading to stable levels of well-being and happiness: After experiencing life events that decrease or increase their well-being, individuals adapt to these new life circumstances and return to their baseline levels. If anything, well-being reflects changes in life circumstances rather than the life circumstances per se or how good (bad) they are. For example, after winning the lottery, an individual may be happier than usual for a certain time period, after which the individual gets used to the higher standard of living, which is now considered regular and normal and no longer a source of increased happiness. This observation illustrates the concept of the hedonic treadmill, according to which emotion regulation is aimed at maintaining a certain level of happiness.

Research Findings

Stability of Happiness and Well-Being

Empirical evidence that has been interpreted as supporting set point theories has largely focused on the stability of well-being. For example, early evidence in support of set point theories was obtained in the 1970s and showed that (a) lottery winners and (b) those with spinal cord injuries reported similar levels of happiness as control groups. From this, it had been concluded that even such very rare or devastating life events—that often result in tremendous change of everyday life routines—do not have lasting effects on well-being. Two mechanisms have been proposed to explain why happiness and well-being should be relatively stable across the life span. First, heritability studies examining well-being in individuals with different degrees of similarity of genetic make-up (e.g., monozygotic vs. dizygotic twins) and environmental experiences (e.g., twins reared together vs. apart) came to the conclusion that a substantial proportion of individual differences could be explained by genetic factors. Therefore, it is possible that set points are (partially) hereditary. Second, individuals’ set points might be based on their personalities. Within the five-factor framework of personality, extroversion (i.e., the tendency to be outgoing, active, and energetic) and neuroticism (i.e., emotional instability, the tendency to experience negative affect) are two personality traits that have been consistently related to individual differences in well-being.

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