The Oxford Handbook of Well-Being and Public Policy

The Oxford Handbook of Well-Being and Public Policy

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Overview


What are the methodologies for assessing and improving governmental policy in light of well-being? The Oxford Handbook of Well-Being and Public Policy provides a comprehensive, interdisciplinary treatment of this topic. The contributors draw from welfare economics, moral philosophy, and psychology and are leading scholars in these fields.

The Handbook includes thirty chapters divided into four Parts. Part I covers the full range of methodologies for evaluating governmental policy and assessing societal condition-including both the leading approaches in current use by policymakers and academics (such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the "social welfare function"), and emerging techniques. Part II focuses on the nature of well-being. What, most fundamentally, determines whether an individual life is better or worse for the person living it? Her happiness? Her preference-satisfaction? Her attainment of various "objective goods"? Part III addresses the measurement of well-being and the thorny topic of interpersonal comparisons. How can we construct a meaningful scale of individual welfare, which allows for comparisons of well-being levels and differences, both within one individual's life, and across lives? Finally, Part IV reviews the major challenges to designing governmental policy around individual well-being.

Product Details

ISBN-13: 9780199325818
Publisher: Oxford University Press
Publication date: 05/19/2016
Series: Oxford Handbooks Series
Pages: 984
Product dimensions: 9.90(w) x 7.10(h) x 1.90(d)

About the Author

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.

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.

Table of Contents

1. Introduction
Matthew D. Adler and Marc Fleurbaey

PART I: METHODS OF POLICY ASSESSMENT
2. GDP and Welfare
Paul Schreyer

3. Cost-Benefit Analysis
Robin Boadway

4. Inequality and Poverty Measures
Frank A. Cowell

5. Social Welfare Functions
John A. Weymark

6. QALY-Based Cost Effectiveness Analysis
Jose Maria Abellan, Carmen Herrero, and Jose-Luis Pinto-Prades

7. Fair Allocation
William Thomson

8. Social Ordering Functions
François Maniquet

9. Multidimensional Indicators of Inequality and Poverty
Satya R. Chakravarty and Maria Ana Lugo

10. Happiness-Based Policy Analysis
Daniel Fujiwara and Paul Dolan

PART II: CONCEPTIONS OF WELL-BEING

11. Preference-Based Views of Well-Being
Krister Bykvist

12. Mental-State Approaches to Well-Being
Daniel M. Haybron

13. Objective Goods
Thomas Hurka

14. Subjective Well-Being in Psychology
Richard E. Lucas

15. Subjective Well-Being in Economics
Carol Graham

PART III: MEASURING WELL-BEING: A DEBATE
16. Equivalent Income
Marc Fleurbaey

17. Extended Preferences
Matthew D. Adler

18. 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 Arneson

21. The Capability Approach
Sabina Alkire

22. Measuring Poverty: A Proposal
Thomas Pogge and Scott Wisor

23. Multidimensional Poverty Indices: A Critical Assessment
Jean-Yves Duclos and Luca Tiberti

PART IV: CHALLENGES FOR POLICY ASSESSMENT

24. 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 Rao

27: Welfare and the Household
P.A. Chiappori

28. Preference Inconsistency: A Psychological Perspective
Eldar Shafir

29. Lifetime Well-Being, Mortality Risk, and Public Policy
Grégory Ponthière

30. The Well-Being of Future Generations
John Broome

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