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- handle: 10670/1.8s3ifm
- hal: hal-03907520
- doi: 10.1007/s00199-022-01446-0
- WOS: 000825173200001
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Mots-clés
Well-being Measurement Equivalent income Lifetime Value of life I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty/I.I3.I31 - General Welfare, Well-Being J - Labor and Demographic Economics/J.J1 - Demographic Economics/J.J1.J17 - Value of Life • Forgone IncomeSujets proches
Life--PhilosophyCiter ce document
Marc Fleurbaey et al., « Measuring well-being and lives worth living », HAL-SHS : économie et finance, ID : 10.1007/s00199-022-01446-0
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Résumé
We study the measurement of well-being when individuals have heterogeneous preferences, including dierent conceptions of a life worth living. When individuals dier in the conception of a life worth living, the equivalent income can regard an individual whose life is not worth living as being better o than an individual whose life is worth living. In order to avoid this paradoxical result, we reexamine the ethical foundations of well-being measures in such a way as to take into account heterogeneity in the conception of a life worth living. We derive, from simple axioms, an alternative measure of well-being, which is an equivalent income net of the income threshold making lifetime neutral. That new well-being index always ranks an individual whose life is not worth living as worse-o than an individual with a life worth living.