We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well … sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the Nordics, are … not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This means that the …

We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …

influence the conversion efficiency. Using data on 91 countries from 2009-2014, we find that that well-being efficiency gains …-time employment are associated with lower 'subjective well-being efficiency,' while social support, freedom, and the rule of law … checks and raise policy-relevant questions about the appropriate instruments to improve subjective well-being efficiency. …

current resources (i.e. income, education and health) into subjective well-being. Our results imply that well-being efficiency … efficiency, while good institutions as proxied by the rule of law, as well as social support and freedom perceptions improve it … international well-being rankings - demonstrate that efficiency is lower among the unemployed, divorced/separated, widowed, the old …

This paper revisits the debates about the meaning of economic efficiency, and the moral dilemmas associated with using … Kaldor-Hicks efficiency or Pareto efficiency for policy analysis. I lay out the best case for efficiency as meta-value, and … argue that Pareto efficiency is a poor normative criterion, while, nonetheless, offering a valuable tool for positive …