Kahneman's well-being theory

Kahneman's well-being theory distinguishes between two aspects of happiness: "experiential" and "evaluative." Experiential well-being refers to the moment-to-moment feelings of pleasure or pain we experience, like enjoying a meal or feeling stress. Evaluative well-being is our overall judgment of life satisfaction, such as rating how happy we are with our overall life. Kahneman argues that these two aspects are related but distinct; a person can feel good in the moment but still be dissatisfied with their life overall, and vice versa. Understanding both helps better grasp what contributes to true well-being.