Eudemonic Wellbeing proposes that wellbeing is found in the actualization of human potential. The theory then offers 3 approaches to achieving self actualization: psychological well being, authentic happiness, and self determination. In Psychological well being, we attempt to meet 6 goals: self acceptance, personal growth, finding a purpose in life, making positive relations, environmental mastery and autonomy. In Authentic happiness, we want good flow and a meaningful life. The self determination theory proposes that we need autonomy to freely choose actions according to ourselves, competence or the ability to affect the environment we are in and attain the desired outcome, and relatedness, or connecting and caring with other group members.
We can compare Hedonic and Eudemonic Well-being by looking at Maslow's Hierarchy of need's pyramid. Eudemonic happiness occupies the top 3 layers, and the while Hedonic happiness refers broadly to a pleasant life, or the bottom 2 layers.
Hedonic Happiness focuses more on tangible needs for a happy life, whereas eudemonic well being focuses more on finding meaning.