Well-being has a multidimensional nature as it depends on multifaceted factors such as material conditions and quality of life. In this chapter, we present the Better Life Index (BLI) developed by the Organization for Economic Co-operation and Development (OECD) as part of the OECD Better Life...

How can we assess the welfare of a society, its evolution over time and predict its change due to particular policy interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a variety of quality of life indicators according...

Subjective well-being has in recent years been recognised as a goal of development that captures non-monetary or subjective dimensions of well-being. The body of evidence on the individual and societal determinants of subjective well-being is growing, but the literature remains in its infancy as...

The OECD Better Life Index is an interactive composite index that aggregates average measures of country’s well-being outcomes through weights defined by users. This paper studies these weights by analysing the responses given by close to 130 000 users since 2011 to date. The paper has three...