Benjamin, Daniel J.; Guzman, Jakina Debnam; Fleurbaey, Marc - National Bureau of Economic Research - 2021
What utility notion do self-reported well-being (SWB) questions measure? We clarify the assumptions that underlie existing applications regarding the (i) life domains, (ii) time horizons, and (iii) other-regarding preferences captured by SWB data. We ask survey respondents what they had in mind...