The document discusses hedonic happiness, which focuses on maximizing pleasure and minimizing pain. It defines the components of hedonic happiness as the presence of positive mood, absence of negative mood, and life satisfaction. Research has found that both hedonic and eudaimonic behaviors contribute to well-being in different ways and are necessary to maximize happiness. While the hedonic approach allows people to define happiness themselves, its focus on momentary pleasure may not always contribute to overall well-being. Both hedonic and eudaimonic perspectives seem to reflect essential elements of a good life, though they differ in their focus on personal happiness versus meaning and growth.