IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2305.04500.html
   My bibliography  Save this paper

Well-being policy evaluation methodology based on WE pluralism

Author

Listed:
  • Takeshi Kato

Abstract

Methodologies for evaluating and selecting policies that contribute to the well-being of diverse populations need clarification. To bridge the gap between objective indicators and policies related to well-being, this study shifts from constitutive pluralism based on objective indicators to conceptual pluralism that emphasizes subjective context, develops from subject-object pluralism through individual-group pluralism to WE pluralism, and presents a new policy evaluation method that combines joint fact-finding based on policy plurality. First, to evaluate policies involving diverse stakeholders, I develop from individual subjectivity-objectivity to individual subjectivity and group intersubjectivity, and then move to a narrow-wide WE pluralism in the gradation of I-family-community-municipality-nation-world. Additionally, by referring to some functional forms of well-being, I formulate the dependence of well-being on narrow-wide WE. Finally, given that policies themselves have a plurality of social, ecological, and economic values, I define a set of policies for each of the narrow-wide WE and consider a mapping between the two to provide an evaluation basis. Furthermore, by combining well-being and joint fact-finding on the narrow-wide WE consensus, the policy evaluation method is formulated. The fact-value combined parameter system, combined policy-making approach, and combined impact evaluation are disclosed as examples of implementation. This paper contributes to the realization of a well-being society by bridging philosophical theory and policies based on WE pluralism and presenting a new method of policy evaluation based on subjective context and consensus building.

Suggested Citation

  • Takeshi Kato, 2023. "Well-being policy evaluation methodology based on WE pluralism," Papers 2305.04500, arXiv.org.
  • Handle: RePEc:arx:papers:2305.04500
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2305.04500
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Polly Mitchell & Anna Alexandrova, 2021. "Well-Being and Pluralism," Journal of Happiness Studies, Springer, vol. 22(6), pages 2411-2433, August.
    2. Henry Stott, 2006. "Cumulative prospect theory's functional menagerie," Journal of Risk and Uncertainty, Springer, vol. 32(2), pages 101-130, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Filiz-Ozbay, Emel & Guryan, Jonathan & Hyndman, Kyle & Kearney, Melissa & Ozbay, Erkut Y., 2015. "Do lottery payments induce savings behavior? Evidence from the lab," Journal of Public Economics, Elsevier, vol. 126(C), pages 1-24.
    2. Hajimoladarvish , Narges, 2021. "Explaining Heterogeneity in Risk Preferences Using a Finite Mixture Model," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(4), pages 533-554, December.
    3. Gao, Dong Li & Xie, Wei & Ming Lee, Eric Wai, 2022. "Individual-level exit choice behaviour under uncertain risk," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 604(C).
    4. Jakusch, Sven Thorsten & Meyer, Steffen & Hackethal, Andreas, 2019. "Taming models of prospect theory in the wild? Estimation of Vlcek and Hens (2011)," SAFE Working Paper Series 146, Leibniz Institute for Financial Research SAFE, revised 2019.
    5. Emmanuel Kemel & Corina Paraschiv, 2018. "Deciding about human lives: an experimental measure of risk attitudes under prospect theory," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 51(1), pages 163-192, June.
    6. Nathalie Etchart-Vincent & Olivier l’Haridon, 2011. "Monetary incentives in the loss domain and behavior toward risk: An experimental comparison of three reward schemes including real losses," Journal of Risk and Uncertainty, Springer, vol. 42(1), pages 61-83, February.
    7. Arjan Verschoor & Ben D’Exelle, 2022. "Probability weighting for losses and for gains among smallholder farmers in Uganda," Theory and Decision, Springer, vol. 92(1), pages 223-258, February.
    8. Abdellaoui, Mohammed & Kemel, Emmanuel & Panin, Amma & Vieider, Ferdinand M., 2023. "Time for Tea: Measuring Discounting for Money and Consumption without the Utility Confound," LIDAM Discussion Papers CORE 2023007, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    9. Emelia Miller, 2022. "Well-being Monism Defended," Journal of Happiness Studies, Springer, vol. 23(7), pages 3407-3427, October.
    10. Ryan O. Murphy & Robert H. W. ten Brincke, 2018. "Hierarchical Maximum Likelihood Parameter Estimation for Cumulative Prospect Theory: Improving the Reliability of Individual Risk Parameter Estimates," Management Science, INFORMS, vol. 64(1), pages 308-328, January.
    11. Li, Baibing & Hensher, David A., 2017. "Risky weighting in discrete choice," Transportation Research Part B: Methodological, Elsevier, vol. 102(C), pages 1-21.
    12. Lisheng He & Pantelis P. Analytis & Sudeep Bhatia, 2022. "The Wisdom of Model Crowds," Management Science, INFORMS, vol. 68(5), pages 3635-3659, May.
    13. Antonio Filippin & Marco Mantovani, 2024. "Moral Preferences over Health-Wealth Trade-offs," Working Papers 531, University of Milano-Bicocca, Department of Economics.
    14. Aurélien Baillon & Han Bleichrodt & Vitalie Spinu, 2020. "Searching for the Reference Point," Management Science, INFORMS, vol. 66(1), pages 93-112, January.
    15. Georgalos, Konstantinos & Paya, Ivan & Peel, David A., 2021. "On the contribution of the Markowitz model of utility to explain risky choice in experimental research," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 527-543.
    16. Abdellaoui, Mohammed & Kemel, Emmanuel & Panin, Amma & Vieider, Ferdinand M., 2024. "Time for tea: Measuring discounting for money and consumption without the utility confound," Journal of Development Economics, Elsevier, vol. 168(C).
    17. Kpegli, Yao Thibaut & Corgnet, Brice & Zylbersztejn, Adam, 2023. "All at once! A comprehensive and tractable semi-parametric method to elicit prospect theory components," Journal of Mathematical Economics, Elsevier, vol. 104(C).
    18. Olivier Toubia & Eric Johnson & Theodoros Evgeniou & Philippe Delquié, 2013. "Dynamic Experiments for Estimating Preferences: An Adaptive Method of Eliciting Time and Risk Parameters," Management Science, INFORMS, vol. 59(3), pages 613-640, June.
    19. Aurélien Baillon & Han Bleichrodt & Umut Keskin & Olivier l’Haridon & Chen Li, 2018. "The Effect of Learning on Ambiguity Attitudes," Management Science, INFORMS, vol. 64(5), pages 2181-2198, May.
    20. Gao, Kun & Sun, Lijun & Yang, Ying & Meng, Fanyu & Qu, Xiaobo, 2021. "Cumulative prospect theory coupled with multi-attribute decision making for modeling travel behavior," Transportation Research Part A: Policy and Practice, Elsevier, vol. 148(C), pages 1-21.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2305.04500. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.