The Subjective Wellbeing Scale: How Reasonable is the Cardinality Assumption?
AbstractThis paper empirically investigates the reasonability of assuming subjective wellbeing (SWB) data are cardinal. The inability or reluctance to assume cardinality implies limitations to use of data and methodology, which has been demonstrated to yield potentially biased results. This analysis uses the concept of transitivity to investigate the likely functional form of the SWB reporting function via a second alternative wellbeing measure. Here, data on mental health are used for this purpose. Results indicate that the SWB reporting function cannot deviate strongly from linearity, implying that the cardinality assumption is reasonable in most research contexts. An auxiliary analysis examines the bias that may result from possible nonlinearities in the SWB reporting function, which gives an indication of the potential cost of wrongfully imposing cardinality upon these data.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 11-15.
Length: 22 pages
Date of creation: 2011
Date of revision:
Contact details of provider:
Postal: 35 Stirling Highway, Crawley, W.A. 6009
Phone: (08) 9380 2918
Fax: (08) 9380 1016
Web page: http://www.business.uwa.edu.au/school/disciplines/economics
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ada Ferrer-i-Carbonell & Paul Frijters, 2004.
"How Important is Methodology for the estimates of the determinants of Happiness?,"
Royal Economic Society, vol. 114(497), pages 641-659, 07.
- Ada Ferrer-i-Carbonell & Paul Frijters, 2002. "How important is Methodology for the Estimates of the Determinants of Happiness?," Tinbergen Institute Discussion Papers 02-024/3, Tinbergen Institute.
- van Praag, Bernard M. S., 1991. "Ordinal and cardinal utility : An integration of the two dimensions of the welfare concept," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 69-89, October.
- David G. Blanchflower & Andrew J. Oswald, 2000.
"Well-Being Over Time in Britain and the USA,"
NBER Working Papers
7487, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," The Warwick Economics Research Paper Series (TWERPS) 616, University of Warwick, Department of Economics.
- Luigino Bruni & Robert Sugden, 2007. "The road not taken: how psychology was removed from economics, and how it might be brought back," Economic Journal, Royal Economic Society, vol. 117(516), pages 146-173, 01.
- Ingebjorg Kristoffersen, 2010. "The Metrics of Subjective Wellbeing: Cardinality, Neutrality and Additivity," The Economic Record, The Economic Society of Australia, vol. 86(272), pages 98-123, 03.
- Yew-Kwang Ng, 2008. "Happiness Studies: Ways to Improve Comparability and Some Public Policy Implications," The Economic Record, The Economic Society of Australia, vol. 84(265), pages 253-266, 06.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Brendan Doran).
If references are entirely missing, you can add them using this form.