FLEURBAEY, Marc; SCHOKKAERT, Erik; DECANCQ, Koen - Center for Operations Research and Econometrics (CORE), … - 2009
measure of welfare in terms of equivalent incomes that does respect individual preferences. Satisfaction surveys are useful … satisfaction studies. Our main point is that measuring well-being by reported satisfaction levels can come in conáict with …, however, to derive information about preferences. We illustrate our approach with panel data from the Russian Longitudinal …