Developments in the Measurement of Subjective Well-Being

@inproceedings{Kahneman2006DevelopmentsIT,
  title={Developments in the Measurement of Subjective Well-Being},
  author={Daniel Kahneman and Alan B. Krueger},
  year={2006}
}
Direct reports of subjective well-being may have a useful role in the measurement of consumer preferences and social welfare, if they can be done in a credible way. Can well-being be measured by a subjective survey, even approximately? In this paper, we discuss research on how individuals' responses to subjective well-being questions vary with their circumstances and other factors. We will argue that it is fruitful to distinguish among different conceptions of utility rather than presume to… CONTINUE READING

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