Hedonic Psychology and the Ambiguities of "Welfare"

Kelman, Mark

doi:10.1111/j.1088-4963.2005.00038.x

Cited by 40 publications

(24 citation statements)

References 15 publications

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“…In general terms, welfarism is seen to focus on well-being, understood in terms of preference-satisfaction or happiness, while extrawelfarism is seen to adopt a broader conception of the quality of life that may include elements such as health, social relations, and the realisation of other "capabilities." A debate is also taking place between preference-based approaches to policy and "happiness-based" approaches (Kelman, 2005;Adler and Posner, 2007;Dolan and Kahneman, 2008). A preference-based approach allows an individual's utility function to contain mental states and also arguments that may be distinct from mental states, such as health and income.…”

Section: Different Lives Surveys and Accounts Of Well-beingmentioning

confidence: 99%

Introducing a 'Different Lives' Approach to the Valuation of Health and Well-Being

Adler

Dolan

2008

SSRN Journal

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We introduce a new "different lives" survey format, which asks respondents to rank hypothetical lives described in terms of longevity, health, happiness, income, and other elements of the quality of life. In this short paper, we show that the format is of policy relevance whether a mental state, preference satisfaction or extra-welfarist account of well-being is adopted and discuss some of the advantages the format has over standard formats, such as contingent valuation surveys and QALY-type methods. An exploratory survey indicates that the format is feasible and that health and happiness might be more important than income and life expectancy. (100 words)

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Section: Different Lives Surveys and Accounts Of Well-beingmentioning

confidence: 99%

Introducing a 'Different Lives' Approach to the Valuation of Health and Well-Being

Adler

Dolan

2008

SSRN Journal

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“…This finding concerns the focus and quality of the measurement, not necessarily the stability, uniqueness or good judgement of the perception that is measured. Kelman (2005) casts doubt on 'the whole notion . .…”

Section: The Language Of 'Subjective Versus Objective' Measures Of Wementioning

confidence: 99%

Uncounted or illusory blessings? Competing responses to the Easterlin, Easterbrook and Schwartz paradoxes of well‐being

Gasper

2007

J of Intl Development

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The Easterlin paradox concerns slight or negligible increases in personal satisfaction reported as income rises beyond high middle income levels. Sister paradoxes highlighted by Easterbrook and Schwartz concern the frequent low or negligible impact on personal satisfaction of improvements in various dimensions of life. The paper identifies a range of responses to the paradoxes, shows how these responses reflect a series of different conceptions of the meaning of well-being, and assesses their cogency. It indicates areas where follow-on research is required. Copyright © 2007 John Wiley & Sons, Ltd.

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“…140-156). 4 An excellent account of the ambiguities of welfare in the context of economics and hedonic psychology is provided in Kelman (2005).…”

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confidence: 99%

The Life Satisfaction Approach to Environmental Valuation

Frey

Luechinger

Stutzer

2010

Annu. Rev. Resour. Econ.

163

117

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In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation technique. The LSA builds on the recent development of subjective well-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare. Microeconometric life satisfaction functions are estimated taking into account environmental conditions along with income and other covariates. The estimated coefficients for the environmental good and income can then be used to calculate the implicit willingness-to-pay for the environmental good.

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Hedonic Psychology and the Ambiguities of "Welfare"

Cited by 40 publications

References 15 publications

Introducing a 'Different Lives' Approach to the Valuation of Health and Well-Being

Introducing a 'Different Lives' Approach to the Valuation of Health and Well-Being

Uncounted or illusory blessings? Competing responses to the Easterlin, Easterbrook and Schwartz paradoxes of well‐being

The Life Satisfaction Approach to Environmental Valuation

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