A crucial debate in policy-making as well as academic circles is whether there is a trade-off between economic efficiency and the size/generosity of the welfare state. One way to contribute to this debate is to compare the performance of "best cases" of different types of state. Arguably, in the...

Cover -- Half-title -- Title -- Copyright -- Contents -- Preface -- Acknowledgments -- 1 Introduction -- 1.1 Dry statistics / real lives -- 1.2 Welfare states / welfare regimes -- 1.3 Our aims and methods: ethics, institutions and panels -- 1.4 Our focus: three countries, ten years -- 1.5 The...

Using data from national socio-economic panel surveys in Australia, Britain and Germany, this paper analyzes the effects of individual preferences and choices on subjective well-being (SWB). It is shown that, in all three countries, preferences and choices relating to life goals/values,...

In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....