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A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...
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Using information on life satisfaction and crime from the European Social Survey, we apply the life satisfaction … reduce life satisfaction across Europe. Building upon these results, we quantify the monetary value of improvements in public … safety and its valuation in terms of individual well-being. The loss in satisfaction for victimized individuals corresponds …
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satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …
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