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Comparing Interpersonal Comparisons in Utility Theory and Happiness Research

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  • Stefan Mann

Abstract

Social scientists are reluctant to make explicit interpersonal comparisons of well-being. However, implicit comparisons are made on a surprisingly regular basis. These comparisons are based on the wealth and the Kaldor--Hicks concept in utility theory and on self-reported well-being in happiness research. Taking a utilitarian stance, this paper tests the ethical foundations of both principles. While self-reported well-being serves as an acceptable proxy for utilitarian decision-making, the Kaldor--Hicks concept does not appear so. Implications for evaluating policies are outlined.
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  • Stefan Mann, 2007. "Comparing Interpersonal Comparisons in Utility Theory and Happiness Research," Forum for Social Economics, Springer;The Association for Social Economics, vol. 36(1), pages 29-42, April.
  • Handle: RePEc:spr:fosoec:v:36:y:2007:i:1:p:29-42
    DOI: 10.1007/s12143-007-0003-1
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    Cited by:

    1. Stefan, Mann, 2012. "Does brain research provide a case for the transfer of public monies to the arts?," MPRA Paper 39410, University Library of Munich, Germany.
    2. Mann, Stefan, 2015. "An activity choice approach towards pricing of 1:1 personal services – on the omnipresence of interpersonal utility comparisons," MPRA Paper 62516, University Library of Munich, Germany.
    3. Abdul Ghafar Ismail & Nurfaradilla Haron, 2014. "Happiness in Economics as Understood Across Ism and Religion," SAGE Open, , vol. 4(4), pages 21582440145, December.
    4. repec:pra:mprapa:39404 is not listed on IDEAS

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