Personality and Individual Differences
Value priorities as predictors of hedonic and eudaimonic aspects of well-being

Mohsen Joshanloo, Gholamhossein Ghaedi
Faculty of Psychology and Educational Science, University of Tehran,Tehran,Iran Department of Psychiatry, Shahed University,Tehran,Iran
abstract
The purpose of the present study was to examine the relation between basic value priorities(accordingto the value theory proposed by Schwartz(1992)) and hedonic(affect balance and life satisfaction) and eudaimonic(psychological and social well-being) aspects of well-being in a sample of Iranian university students(n =200).According to the bivariate correlation analysis, achievement and tradition values were significantly correlated with both eudaimonic and hedonic aspects of well-being. Power,self-direction, universalism,benevolence and conformity values also were related to eudaimonic aspects of well-being. A canonical correlation analysis was also conducted using the 10 basic values as predictors of the four well-being variables yielding fourfunctions,two of which were considered noteworthy. Collectively, the full model across all functions was statistically significant with the r type effect size of .57, indicating that the full model explained about 57% of the variance shared between the variablesets.Implications of the results are discussed with reference to the prior assumptions about the relation between values and well-being.