2010
DOI: 10.1111/j.1475-4932.2009.00598.x
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The Metrics of Subjective Wellbeing: Cardinality, Neutrality and Additivity*

Abstract: The use of subjective wellbeing (SWB) data in economic analysis has increased dramatically in recent years and has now become mainstream, despite some lingering concerns about the quality of these data. Although the psychology literature to a certain extent has succeeded in addressing the issues of interpersonal, intertemporal and international comparison of SWB data, the issues of cardinality, neutrality and additivity continue to be contentious among economists. This article surveys the existing literature r… Show more

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Cited by 60 publications
(47 citation statements)
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“…While methods of analysing such responses are well developed (Hosmer, Lemeshow 2000, McKelvey, Zovoina 1975 it is now common for quantitative analysis of related wellbeing questions to assume a cardinal level of measurement (Ferrer-i Carbonell, Frijters 2004). The estimated coefficients are much easier to interpret and accord very closely with the relative magnitudes estimated by the ordinal logit model (Kristoffersen 2010) 18 .…”
mentioning
confidence: 66%
“…While methods of analysing such responses are well developed (Hosmer, Lemeshow 2000, McKelvey, Zovoina 1975 it is now common for quantitative analysis of related wellbeing questions to assume a cardinal level of measurement (Ferrer-i Carbonell, Frijters 2004). The estimated coefficients are much easier to interpret and accord very closely with the relative magnitudes estimated by the ordinal logit model (Kristoffersen 2010) 18 .…”
mentioning
confidence: 66%
“…Depending on the field of specialization, different estimation methods have been employed in the literature investigating the determinants of happiness (Kristoffersen, 2010;Ferrer-i-Carbonell & Frijters, 2004). Generally, psychologists and sociologists prefer to employ Ordinary Least Squares (OLS) regressions, treating happiness as a cardinal variable.…”
Section: Subjective Well-beingmentioning
confidence: 99%
“…We chose human well-being as the framework because it comprises basic human needs, economic needs, environmental needs, and subjective happiness (Costanza et al 2007, Summers et al 2012) and is therefore well suited for understanding how broad land-use changes, such as clearing for intensive agriculture or increasing nature reserves, might result in changes across these components. Furthermore, there is a substantive body of literature on subjective well-being and overall life satisfaction as an alternative way of looking at the "value" of the environment (Kristoffersen 2010) and there is widespread consensus that selfreported measures of life satisfaction are valid, replicable, and reliable (Diener 2009). Furthermore, we also wanted to identify priority areas for policy makers.…”
Section: Focus Groups and Survey Designmentioning
confidence: 99%