Most people have positive views of their general happiness or subjective well-being (SWB). Furthermore, SWB tends to be stable and rebound to prior levels following events or circumstances that might be expected to change its level. The authors speculate about ways a theory of person–environment transactions—Holland's theory of vocational personalities and work environments—may help individuals understand some of the observed features of SWB. Testable hypotheses are offered as suggestions for advancing research on both the theory and SWB.
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