The WELLBY is a measure of individual subjective wellbeing, as judged by individuals themselves, capturing both the quality of life and the length of life. We outline its use for measuring social progress and for social welfare analyses by governments, businesses, and NGOs. We provide practical examples.

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20 February 2025

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Published in Elgar Encyclopedia of Behavioural and Experimental Economics (2025), Swee-Hoon Chuah, Robert Hoffmann and Ananta Neelim, pp. 408-410, Edward Elgar Publishing

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Link To Website

DOI: 10.4337/9781802207736.000126

This Chapter is part of the centre's Community Wellbeing programme.