WELL-BEING AND UTILITY IN PSYCHOLOGY AND ECONOMICS

该项目汇集了一个由代表许多不同观点的心理学家和经济学家组成的紧密的跨学科团队，研究如何最好地评估整体福利及其决定因素。总体福利一词在这里指的是一种综合衡量标准，它综合了各个领域的经济和主观效用，并考虑到个人价值差异。总体福利的衡量作为公共政策选择和个人选择的基础，具有巨大的实际重要性。例如，社会保障和医疗保险 政策涉及在时间上以及在影响健康、人们退休的能力和其他公共优先事项的支出之间进行权衡，这些都必须通过一个隐含或明确的总体福利概念加以整理。退休或接近退休的群体中的个人选择面临着同样的权衡，其研究也需要改进的测量技术和分析策略。

This project brings together a tight-knit interdisciplinary team of psychologists and economists representing many different viewpoints to study how best to assess overall welfare and its determinants. The term overall welfare refers here to a summary measure that incorporates economic and subjective utilities in a variety of domains, with consideration of individual value differences. Measurement of overall welfare is of immense practical importance as a basis for public policy choices as well as personal choices. For example, Social Security and Medicare policies involve tradeoffs both over time and between expenditures that influence health, the ability of people to retire, and other public priorities, which must be sorted out by either an implicit or explicit concept of overall welfare. Personal choices by individuals in the cohorts in or nearing retirement face the same kinds of tradeoffs whose study also requires improved measurement techniques and analytic strategies.