| Recent reviews of scienti?c work on subjective well-being (SWB) reveal disagreements in conceptualization, measurement, and explanation of the concept. We propose Social Production Function theory as a frame work to resolve them. Social Production Function (SPF) theory integrates strengths of relevant psychological theories and economic consumer/household production theories, without their limitations (namely, trade offs between satisfaction of different needs are not in the ?rst, and goals or needs are not in the second). SPF theory identi?es two ultimate goals that all humans seek to optimize (physical well-being and social well-being) and ?ve instrumental goals by which they are achieved (stimulation, comfort, status, behavioural con?rmation, affection). The core notion of SPF theory is that people choose and substitute instrumental goals so as to optimize the production of their well-being, subject to constraints in available means of production. SPF theory guides research measurement and explanatory models, and it integrates features of contemporary subjective well-being theories. |