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Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012195532
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012169722
multidimensional well-being from a capabilities perspective during the last one-and-a-half centuries. Relative inequality (population … terms but widening in absolute terms. Countries in the middle and lower deciles of the world distribution achieved the …
Persistent link: https://www.econbiz.de/10012820189
to provide a "sage" approach to assessing well-being, since it aims to denote sagacity in the pursuit and satisfaction of …
Persistent link: https://www.econbiz.de/10012171696
. Neo-humanism proposes a world in which the well-being of people comes before the well-being of markets, in which promoting …
Persistent link: https://www.econbiz.de/10012803715
pandemic. Neo-humanism proposes a world in which the well-being of people comes before the wellbeing of markets, in which …
Persistent link: https://www.econbiz.de/10012505150
Societal progress is characterized primarily as an improvement in the distribution of wellbeing; however, a small set of additional variables are also necessary. Social indicators based on objective measures are inherently limited by the subjective assessments necessary of "experts" to select...
Persistent link: https://www.econbiz.de/10013457675
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...
Persistent link: https://www.econbiz.de/10011326409
Persistent link: https://www.econbiz.de/10012624032
economics of happiness and the capability approach. They focused on different concepts of well-being: the "joy" of satisfied … consumers for Scitovsky, and the "capabilities" of deprived individuals for Sen. In imposing new theoretical frameworks …, applications, as well as new concepts of well-being, which are measureable, the capability approach and the economics of happiness …
Persistent link: https://www.econbiz.de/10011708267