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  • 标题:What good is happiness ?
  • 本地全文:下载
  • 作者:Marc FLEURBAEY ; Erik SCHOKKAERT ; Koen DECANCQ
  • 期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
  • 出版年度:2009
  • 卷号:1
  • 出版社:Center for Operations Research and Econometrics (UCL), Louvain
  • 摘要:In this paper we examine whether, and how, welfare economics should incorporate the insights from happiness and satisfaction studies. Our main point is that measuring well-being by reported satisfaction levels can come in con¨¢ict with individuals¨ªjudgments about their own lives and that these individual judgments should be respected. We propose an alternative measure of welfare in terms of equivalent incomes that does respect individual preferences. Satisfaction surveys are useful, however, to derive information about preferences. We illustrate our approach with panel data from the Russian Longitudinal Monitoring Survey (RLMS) for the period 1995-2003 and we compare the results for equivalent incomes with the results for sub jective satisfaction.
  • 关键词:happiness, satisfaction, preferences, welfare economics, psychology.
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