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

"In the first part of the 20th century, the early success of such macroeconomic indicators as gross domestic product to track the economy and devise interventions sparked a movement to broaden the measurement of societal performance to include many other aspects of life. Those discussions and investigations extended the concepts across many disciplines outside economics, including philosophy, psychology, and sociology. This handbook is an invaluable summary of this research. Featuring prominent scholars from throughout the world, it probes concepts, methodologies, and outcomes. It is sophisticated in its analysis and thorough in its coverage. Highly recommended." --CHOICE

Selling point: Identifies the tools and methodologies for evaluating and improving government policy in light of the effect of policies on individual well-being Selling point: Approaches the topic from an interdisciplinary perspective by drawing on economics, philosophy and psychology Selling point: Comprehensively reviews methodologies of assessing policies including GDP, inequality and poverty metrics, cost-benefit analysis, cost-effectiveness analysis, and social welfare functions; conceptions of individual well-being such as preference-based, hedonic/happiness, and objective goods; and of tools for measuring well-being Selling point: Authored by leading scholars from Australia, Belgium, Canada, France, Germany, India, Italy, Spain, Sweden, UK, and US

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.

Selling point: Identifies the tools and methodologies for evaluating and improving government policy in light of the effect of policies on individual well-being Selling point: Approaches the topic from an interdisciplinary perspective by drawing on economics, philosophy and psychology Selling point: Comprehensively reviews methodologies of assessing policies including GDP, inequality and poverty metrics, cost-benefit analysis, cost-effectiveness analysis, and social welfare functions; conceptions of individual well-being such as preference-based, hedonic/happiness, and objective goods; and of tools for measuring well-being Selling point: Authored by leading scholars from Australia, Belgium, Canada, France, Germany, India, Italy, Spain, Sweden, UK, and US