Subjective Wellbeing and the Discount Rate

The Structure of Subjective Wellbeing

The Social Discount Rate

What discount rate should be applied to social investments? It is standard to use the market interest rate, thereby respecting private preferences. We show that application of this “revealed preference” criterion rests on faith, not logic. It is justified only if preferences over all choices, including past choices, are time invariant. The conditions for this to be true are stringent. Under mor...

Subjective wellbeing, health, and ageing.

Subjective wellbeing and health are closely linked to age. Three aspects of subjective wellbeing can be distinguished-evaluative wellbeing (or life satisfaction), hedonic wellbeing (feelings of happiness, sadness, anger, stress, and pain), and eudemonic wellbeing (sense of purpose and meaning in life). We review recent advances in the specialty of psychological wellbeing, and present new analys...

Subjective Wellbeing, Objective Wellbeing and Inequality in Australia

In recent years policy makers and social scientists have devoted considerable attention to wellbeing, a concept that refers to people's capacity to live healthy, creative and fulfilling lives. Two conceptual approaches dominate wellbeing research. The objective approach examines the objective components of a good life. The subjective approach examines people's subjective evaluations of their li...

Subjective Wellbeing and Interpersonal Problems in the Mothers of Students With Learning Disabilities

Objectives: The challenges of caring for students with learning disabilities expose their mothers to mental health problems; however, less attention has been paid to treatment interventions for them. The present study aimed to examine the effectiveness of Dialectical Behavior Therapy (DBT) group training on subjective wellbeing and interpersonal relationships in the mothers of students with lea...