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Theories of well-being and well-being policy: a view from methodology

Fumagalli, Roberto (2021) Theories of well-being and well-being policy: a view from methodology. Journal of Economic Methodology, 28 (1). 124 - 133. ISSN 1350-178X

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Identification Number: 10.1080/1350178X.2020.1868780

Abstract

In the recent well-being literature, various theory-free accounts of well-being have been proposed to ground informative evaluations of policies’ welfare implications without relying on any specific theories of well-being. In this paper, I provide a methodological assessment of theory-free accounts and argue that, despite these accounts, grounding informative evaluations of policies’ welfare implications frequently requires policy makers to rely on specific theories of well-being. Policy makers should ground their evaluations of policies’ welfare implications on explicit specifications of what theories of well-being they rely on and should openly acknowledge the theory-dependent character of their evaluations rather than aiming to provide theory-free welfare evaluations.

Item Type: Article
Official URL: https://www.tandfonline.com/journals/rjec20
Additional Information: © 2021 Informa UK Limited, trading as Taylor & Francis Group.
Divisions: Philosophy, Logic and Scientific Method
Subjects: H Social Sciences > HB Economic Theory
JEL classification: A - General Economics and Teaching > A1 - General Economics > A10 - General
A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines
B - Schools of Economic Thought and Methodology > B4 - Economic Methodology > B40 - General
B - Schools of Economic Thought and Methodology > B4 - Economic Methodology > B41 - Economic Methodology
D - Microeconomics > D6 - Welfare Economics > D60 - General
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I30 - General
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness
Date Deposited: 27 Apr 2022 14:18
Last Modified: 03 May 2022 16:18
URI: http://eprints.lse.ac.uk/id/eprint/114975

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