The valuation of complex environmental goods represents a considerable challenge for conventional non-market valuation techniques. The use of life satisfaction (or happiness) data has recently emerged as a new means of placing monetary values on non-market goods and services. This approach...

Employing data from the Household, Income and Labour Dynamics in Australia survey, this paper examines the level, determinants and distribution of self-reported life satisfaction, as well as the prevalence and severity of dissatisfaction in Australia over the period 2001–2010. Against most...

Public perceptions of crime and victimisation can influence an individual’s subjective well-being. Research into the impact of the fear of crime and victimisation on subjective well-being, however, has been limited; particularly with respect to the relative contributions of real versus perceived...

Making use of data from the Household, Income and Labour Dynamics in Australia (HILDA) survey coupled with air pollution data on PM10 exceedances generated by The Air Pollution Model (TAPM), this paper employs the life satisfaction approach to estimate the cost of PM10 exceedances from human...

Employing the life satisfaction approach to value physical health, this paper illustrates the use of a subset of windfall income (restricted windfall income) as a substitute for the more conventional household income monetary measure. Results provide no evidence against the exogeneity of...

The life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. Employing data from the Household, Income and Labour Dynamics in Australia (HILDA) survey and Geographic Information Systems (GIS), this paper examines...