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Project
“Beyond GDP”: Using the direct rating method to construct a minimally paternalistic well-being index
This project addresses the weighting of dimensions in a multidimensional well-being index. Using representative individual data for Flanders, we (1) study the heterogeneity in opinions about ‘the good life’ and investigate its determinants; (2) construct a minimally paternalistic weighting scheme and (3) compare this weighting scheme from the point of view of the individuals identified as worst off.
Date:1 Sep 2015 → 30 Jun 2021
Keywords:paternalism, weighting of dimensions, Well-being, direct ratings
Disciplines:Applied economics, Economic history, Welfare economics, Macroeconomics and monetary economics, Microeconomics, Tourism