This paper reports the results of the follow-up, face-validity test on a protocol developed to explore the impact of context and baseline risk on peoples? marginal rates of substitution between wealth and risk of death across a range of contexts using a modified risk-risk trade-off methodology....

The results from interviews conducted with 51 respondents represent a small contribution to an empirical research agenda designed to find out what goes into wellbeing reports and the appropriateness for policy analysis of what comes out. It appears that life satisfaction ratings are...