Schokkaert, Erik; Ootegem, Luc Van; Verhofstadt, Elsy - In: CESifo Economic Studies 57 (2011) 4, pp. 683-714
Behavioural welfare economics has raised doubts about the use of revealed preferences as an indicator of 'true' individual well-being. Subjective satisfaction ('happiness') measures have become increasingly popular, as they seem to avoid paternalism while at the same time not being dependent on...