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This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
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Introduction -- Part 1 The basic analytical framework -- Conceptions of individual well being -- Valuation of functioning bundles and interpersonal comparisons of well being -- Freedom and individual well being -- Freedom A re examination of the concept -- Part 2 Some applications -- Measurement...
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Sen’s influential work on human development has led economists to explore new areas that have become increasingly important for human well-being. In particular, Sen emphasizes the importance of the "freedom to choose". Freedom, however, is not always an exact (crisp) outcome, and membership in...
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