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A new perspective on the economic valuation of informal care : the well-being approach revisited

Kehl, Konstantin; Stahlschmidt, Stephan - 2013

Informal care has drawn much attention among scholars and policymakers as it concerns an essential but hard to evaluate resource of welfare. Albeit several studies addressed the monetary value of informal care, differences in the relationship between caregivers and recipients have often been...

Persistent link: https://www.econbiz.de/10009777865

The Life Satisfaction Approach to Environmental Valuation

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - 2021

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Persistent link: https://www.econbiz.de/10013316297

Valuing Public Goods : The Life Satisfaction Approach

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - 2021

This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...

Persistent link: https://www.econbiz.de/10013319367

Age-Differentiated Qaly Losses

van Praag, B.M.S; Ferrer-i-Carbonell, Ada - 2021

regarding the relationship between the latent variable "health" and its evaluation into observable QALY's. Second, we allow the …In this paper we evaluate the QALY losses, which are linked to the prevalence of specific chronic illnesses and … impediments. The analysis is based on the individual self-rating health satisfaction question asked in the British Household Panel …

Persistent link: https://www.econbiz.de/10013320923