Analyzing Multidimensional Well-Being: A Quantitative Approach

This book provides a multidimensional approach to well-being measurement. The first chapter begins by presenting a systematic comparison of alternative approaches to the measurement of multidimensional welfare. Next, the author shows real life applications of some multidimensional aggregations, most of which have been designed by international organizations such as the United Nations Development Program and the World Bank to judge performance of a country in different dimensions of well-being. There is an extensive analysis into both descriptive and welfare theoretic approaches to the measurement of multi-attribute inequality. This book would be of interest to graduate students and researchers focusing on the measurement of well-being or quality of life.