WELLBY

Frijters, Paul and Krekel, Christian ORCID: 0000-0001-5960-3891 (2025) WELLBY. In: Chuah, Swee-Hoon, Hoffmann, Robert and Neelim, Ananta, (eds.) Elgar Encyclopedia of Behavioural and Experimental Economics. Elgar Encyclopedias in Economics and Finance series. Edward Elgar, Cheltenham, UK, 408 - 410. ISBN 9781802207729

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Abstract

The WELLBY is a measure of individual subjective wellbeing, as judged by individuals themselves, capturing both the quality of life and the length of life. We outline its use for measuring social progress and for social welfare analyses by governments, businesses, and NGOs. We provide practical examples.

Item Type:	Book Section
Additional Information:	© 2025 The Editors
Divisions:	Centre for Economic Performance Psychological and Behavioural Science
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences B Philosophy. Psychology. Religion > BF Psychology
JEL classification:	I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness I - Health, Education, and Welfare > I3 - Welfare and Poverty > I38 - Government Policy; Provision and Effects of Welfare Programs
Date Deposited:	24 Feb 2025 10:06
Last Modified:	02 Jul 2025 06:57
URI:	http://eprints.lse.ac.uk/id/eprint/127386

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