Acta academica karviniensia 2020, 20(1):18-30 | DOI: 10.25142/aak.2020.002

GENERATIONAL SHIFT IN WELLBEING PRIORITIES UNDERSTANDING

Marie Mikušová

Vysoká škola báňská-Technická univerzita Ostrava, Ekonomická fakulta, Sokolská tř. 33, 701 21 Ostrava

The subject of this research is wellbeing. This area is still quite neglected in the Czech Republic. A research objective has been set: to determine whether the first generation is feeling a lower level of wellbeing than the emerging generation, as presented by the U-shape. Research questions have been formulated: Are there differences in the evaluation of wellbeing in two generations? If they exist, in which criteria are the differences significant? Data from 3,000 respondents from two generations were obtained for the research. The significance of the wellbeing elements was evaluated using the network process analytical method. In young respondents, thriving wellbeing is identified, as opposed to older respondents, where the struggling wellbeing type is identified.  In this way, researches on the occurrence of U-shape in this area are only partially confirmed. Young people prefer the financial aspect, health and social relationships are more important for the elderly. The article emphasizes that knowledge of the level of wellbeing is important both from the point of view of the individual and the whole of society.

Keywords: analytic network process, generation, U-shape, wellbeing.

JEL classification: I31, M50

Received: October 21, 2020; Revised: October 31, 2020; Accepted: December 16, 2020; Published: December 17, 2020  Show citation