The Oxford Handbook of Well-Being and Public Policy

Marc Fleurbaey is Robert E. Kuenne Professor of Economics and Humanistic Studies and Professor of Public Affairs at the Center for Human Values at Princeton University. He has widely published in the field of welfare economics, social choice theory, and public economics.Matthew Adler is Richard A. Horvitz Professor of Law and Professor of Economics, Philosophy, and Public Policy at Duke University. He works at the intersection of law, welfare economics, social choice theory, and normative ethics. Adler previously taught at the University of Pennsylvania Law School, and has been a visiting professor at the University of Chicago, Columbia University, and the University of Virginia.

• 1. Introduction Matthew D. Adler and Marc FleurbaeyPART I: METHODS OF POLICY ASSESSMENT2. GDP and Welfare Paul Schreyer 3. Cost-Benefit Analysis Robin Boadway4. Inequality and Poverty Measures Frank A. Cowell5. Social Welfare Functions John A. Weymark6. QALY-Based Cost Effectiveness Analysis Jose Maria Abellan, Carmen Herrero, and Jose-Luis Pinto-Prades7. Fair Allocation William Thomson8. Social Ordering Functions François Maniquet9. Multidimensional Indicators of Inequality and Poverty Satya R. Chakravarty and Maria Ana Lugo10. Happiness-Based Policy Analysis Daniel Fujiwara and Paul Dolan PART II: CONCEPTIONS OF WELL-BEING11. Preference-Based Views of Well-Being Krister Bykvist12. Mental-State Approaches to Well-Being Daniel M. Haybron 13. Objective Goods Thomas Hurka14. Subjective Well-Being in Psychology Richard E. Lucas15. Subjective Well-Being in Economics Carol GrahamPART III: MEASURING WELL-BEING: A DEBATE16. Equivalent Income Marc Fleurbaey17. Extended Preferences Matthew D. Adler18. SWB as a Measure of Individual Well-Being Andrew E. Clark 19. Does the Choice of Well-Being Measure Matter Empirically? An Illustration with German Data Koen Decancq and Dirk Neumann. 20. Does Fairness Require a Multidimensional Approach? Richard Arneson21. The Capability Approach Sabina Alkire22. Measuring Poverty: A Proposal Thomas Pogge and Scott Wisor23. Multidimensional Poverty Indices: A Critical Assessment Jean-Yves Duclos and Luca TibertiPART IV: CHALLENGES FOR POLICY ASSESSMENT24. Social Evaluation under Risk and Uncertainty Philippe Mongin and Marcus Pivato. 25. Individual Responsibility and Equality of Opportunity Francisco H.G. Ferriera and Vito Peragine. 26. Welfare Comparisons with Heterogeneous Prices, Consumption, and Preferences D.S. Prasada Rao27: Welfare and the Household P.A. Chiappori28. Preference Inconsistency: A Psychological Perspective Eldar Shafir 29. Lifetime Well-Being, Mortality Risk, and Public PolicyGrégory Ponthière30. The Well-Being of Future Generations John Broome

"In the first part of the 20th century, the early success of such macroeconomic indicators as gross domestic product to track the economy and devise interventions sparked a movement to broaden the measurement of societal performance to include many other aspects of life. Those discussions and investigations extended the concepts across many disciplines outside economics, including philosophy, psychology, and sociology. This handbook is an invaluable summary ofthis research. Featuring prominent scholars from throughout the world, it probes concepts, methodologies, and outcomes. It is sophisticated in its analysis and thorough in its coverage. Highlyrecommended." --CHOICE