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Wellbeing EconomicsThe Wellbeing Economics Framework

Wellbeing Economics: The Wellbeing Economics Framework [This chapter summarises key points in the wellbeing economics framework and illustrates how it can be used to guide decision-making. The first section lists the 24 propositions that emerged as key points in the analysis of the preceding eight chapters. The second section introduces a diagram that integrates inputs into wellbeing capabilities (7 types of capital stock) with outputs of wellbeing capabilities (11 wellbeing indicators developed by the Organisation for Economic Co-operation and Development). The diagram is called the wellbeing fabric. The remainder of the chapter illustrates how the wellbeing fabric can be applied at different levels of human choices, before a brief conclusion.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Wellbeing EconomicsThe Wellbeing Economics Framework

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2018. This book is an open access publication
ISBN
978-3-319-93193-7
Pages
169 –189
DOI
10.1007/978-3-319-93194-4_9
Publisher site
See Chapter on Publisher Site

Abstract

[This chapter summarises key points in the wellbeing economics framework and illustrates how it can be used to guide decision-making. The first section lists the 24 propositions that emerged as key points in the analysis of the preceding eight chapters. The second section introduces a diagram that integrates inputs into wellbeing capabilities (7 types of capital stock) with outputs of wellbeing capabilities (11 wellbeing indicators developed by the Organisation for Economic Co-operation and Development). The diagram is called the wellbeing fabric. The remainder of the chapter illustrates how the wellbeing fabric can be applied at different levels of human choices, before a brief conclusion.]

Published: Sep 12, 2018

Keywords: Wellbeing economics; Wellbeing fabric; Economic policy; Capabilities; Skills

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