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Wellbeing and Society: Towards Quantification of the Co-benefits of Wellbeing

TLDR
In this article, the authors review the empirical evidence showing the existence of linkage between wellbeing and possible co-benefits, investigating in particular the positive effect that happiness and life satisfaction can have on health, social outcomes, employment, education and environmental behaviours.
Abstract
The objectives of this paper are twofold. First, it reviews the empirical evidence showing the existence of linkage between wellbeing and possible co-benefits, investigating in particular the positive effect that happiness and life satisfaction can have on health, social outcomes, employment, education and environmental behaviours. Second, it presents the valuation methods that have been proposed in the literature to place a monetary value on these outcomes. With wellbeing having become more and more relevant for individuals and policy makers, the full understanding of the co-benefits of wellbeing is central for the design and development of wellbeing interventions. As a consequence, the evaluation of the co-benefits of wellbeing is of crucial importance for the appropriate allocation of resources towards such strategies.

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The Happiness of Giving: the “Time-Ask” Effect

TL;DR: In this paper, the authors examined how a focus on time versus money can lead to two distinct mindsets that impact consumers' willingness to donate to charitable causes, and they found that asking individuals to think about "how much time they would like to donate" (versus ''how much money they would want to donate'' to a charity increases the amount that they ultimately donate to the charity.
Journal ArticleDOI

The empirical relationship between environmental degradation, economic growth, and social well-being in Belt and Road Initiative countries.

TL;DR: The empirical results showed that environmental degradation and social well-being have a significant positive impact on the economic growth index, and it is suggested that policymakers should consider socialWell-being and environmental degradation in economic activity to achieve sustainable development goals.
Journal ArticleDOI

Tourism Development and Sustainable Well-Being: A Beyond Gdp Perspective

TL;DR: The Beyond GDP approach to development is gaining widespread support from policy makers and researchers worldwide as mentioned in this paper, while not formulated specifically for tourism activity, the approach serves as a general framework for sustainable development.
Posted Content

Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects

TL;DR: For example, this paper found that adolescents and young adults who report higher life satisfaction or positive affect grow up to earn significantly higher levels of income later in life, and used Sobel-Goodman mediation tests reveal direct and indirect effects that carry the influence from happiness to income.
Journal ArticleDOI

Smartphones and psychological well-being in China: Examining direct and indirect relationships through social support and relationship satisfaction

TL;DR: Findings based on structural equation modelling showed that face-to-face and mobile voice communication directly predicted well-being whereas the relationship was indirect for mobile email, Weibo and WeChat through social support and relationship satisfaction.
References
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The Satisfaction with Life Scale

TL;DR: The Satisfaction With Life Scale is narrowly focused to assess global life satisfaction and does not tap related constructs such as positive affect or loneliness, but is shown to have favorable psychometric properties, including high internal consistency and high temporal reliability.
Journal ArticleDOI

The Satisfaction With Life Scale.

TL;DR: The Satisfaction With Life Scale (SWLS) as mentioned in this paper is a scale to measure global life satisfaction, which does not tap related constructs such as positive affect or loneliness, and has favorable psychometric properties, including high internal consistency and high temporal reliability.
Journal ArticleDOI

The role of positive emotions in positive psychology. The broaden-and-build theory of positive emotions.

TL;DR: The theory and findings suggest that the capacity to experience positive emotions may be a fundamental human strength central to the study of human flourishing.
Posted Content

Subjective Well-Being: Three Decades of Progress

TL;DR: Wilson's (1967) review of the area of subjective well-being (SWB) advanced several conclusions regarding those who report high levels of "happiness". A number of his conclusions have been overturned: youth and modest aspirations no longer are seen as prerequisites of SWB.
Journal ArticleDOI

Subjective well-being: Three decades of progress

TL;DR: Wilson's (1967) review of the area of subjective well-being (SWB) advanced several conclusions regarding those who report high levels of "happiness" A number of his conclusions have been overturned: youth and modest aspirations no longer are seen as prerequisites of SWB as discussed by the authors.
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Trending Questions (2)
What is objectives well-being?

The paper does not explicitly state the objectives of well-being.

What are the benefits of social wellbeing for individuals?

The paper does not specifically mention the benefits of social wellbeing for individuals. The paper focuses on the co-benefits of wellbeing, including health, social outcomes, employment, education, and environmental behaviors.