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Replication data for: Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference

Version
1
Resource Type
Dataset
Creator
  • Benjamin, Daniel J.
  • Heffetz, Ori
  • Kimball, Miles S.
  • Szembrot, Nichole
Publication Date
2014-09-01
Description
  • Abstract

    This paper proposes foundations and a methodology for survey-based tracking of well-being. First, we develop a theory in which utility depends on "fundamental aspects" of well-being, measurable with surveys. Second, drawing from psychologists, philosophers, and economists, we compile a comprehensive list of such aspects. Third, we demonstrate our proposed method for estimating the aspects' relative marginal utilities—a necessary input for constructing an individual-level well-being index—by asking ~4,600 U.S. survey respondents to state their preference between pairs of aspect bundles. We estimate high relative marginal utilities for aspects related to family, health, security, values, freedom, happiness, and life satisfaction.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.104.9.2698 (Text)
Publications
  • Benjamin, Daniel J., Ori Heffetz, Miles S. Kimball, and Nichole Szembrot. “Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference.” American Economic Review 104, no. 9 (September 2014): 2698–2735. https://doi.org/10.1257/aer.104.9.2698.
    • ID: 10.1257/aer.104.9.2698 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Benjamin, Daniel J.; Heffetz, Ori; Kimball, Miles S.; Szembrot, Nichole (2014): Replication data for: Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112852V1