New approaches to measuring welfare

Economics has traditionally understood ‘welfare’ (what makes a life go well) as the satisfaction of preference. This conceptualisation of welfare is typically measured using revealed preferences, proxied through income and prices or stated in willingness‐to‐pay surveys. Recent decades have seen grow...

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Veröffentlicht in:Fiscal studies 2023-06, Vol.44 (2), p.123-135
Hauptverfasser: Cooper, Kristen, Fabian, Mark, Krekel, Christian
Format: Artikel
Sprache:eng
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