OxTalks is Changing
OxTalks will soon be transitioning to Oxford Events (full details are available on the Staff Gateway). A two-week publishing freeze is expected in early Hilary to allow all events to be migrated to the new platform. During this period, you will not be able to submit or edit events on OxTalks. The exact freeze dates will be confirmed as soon as possible.
If you have any questions, please contact halo@digital.ox.ac.uk
What matters for well-being? An information theory approach
When an individual is asked how satisfied they are with their life overall, they make the following judgements: Which aspects of life are most important to me? How satisfied am I with these? How do these When an individual is asked how satisfied they are with their life overall, they make the following judgements: Which aspects of life are most important to me? How satisfied am I with these? How do these affect my overall satisfaction? These considerations and calculations are heterogeneous and non-public. The final report is routinely used for national happiness indicators, requiring the assumption of inter-personal comparability.
This paper is a work in progress that interrogates these satisfaction reports: I use maximum entropy to estimate, at an individual level, the weightings of a person’s domains of life in their overall life satisfaction reports. I can then ask: how do these weightings estimates help us better understand patterns of changing preferences within individuals over time, and preference differences between households.
Date:
27 November 2018, 12:00
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room D
Speaker:
Jessica Milligan (University of Oxford)
Organising department:
Department of Economics
Part of:
Applied Microeconomics Workshop
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Melis Clark
