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An Overview of Intertemporal Measures of Individual Well-Being: Can They Explain Life Satisfaction Better?

In: Advances in Happiness Research

Author

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  • Conchita D’Ambrosio

    (Université du Luxembourg)

Abstract

Individual well-being is multidimensional, and depends on comparisons to a reference and on past experiences. Various aspects of quality of life need to be jointly considered in its measurement. Traditional economic modeling has neglected these basic facts. However, this neglect has been challenged by an increasing number of contributions in the income-distribution literature on the measurement of individual well-being. These have proposed various indices which allow different aspects of comparisons to others and to past experiences to be brought into the analysis of the phenomenon under consideration.

Suggested Citation

  • Conchita D’Ambrosio, 2016. "An Overview of Intertemporal Measures of Individual Well-Being: Can They Explain Life Satisfaction Better?," Creative Economy, in: Toshiaki Tachibanaki (ed.), Advances in Happiness Research, edition 1, chapter 0, pages 39-54, Springer.
    • Handle: RePEc:spr:crechp:978-4-431-55753-1_4
    DOI: 10.1007/978-4-431-55753-1_4
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    Cited by:

    1. Sinha, Kompal & Davillas, Apostolos & Jones, Andrew M. & Sharma, Anurag, 2021. "Do socioeconomic health gradients persist over time and beyond income? A distributional analysis using UK biomarker data," Economics & Human Biology, Elsevier, vol. 43(C).

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