Drawing on the three key relations in the capabilities approach (Sen, 1985) to welfare economics and using panel data from the English Longitudinal Survey of Aging, this paper illustrates how the capabilities approach to welfare economics can be used to understand wellbeing in older age....

COVER -- HAPPINESS EXPLAINED: WHAT HUMAN FLOURISHING IS AND WHAT WE CAN DO TO PROMOTE IT -- COPYRIGHT -- DEDICATION -- PREFACE -- TABLE OF CONTENTS -- CHAPTER 1: THE NEED TO GO BEYOND GDP -- Limits of GDP as a Measure of Human Wellbeing -- Criteria for Indicators -- Identifying the Wellbeing...

Health, the Production of Capabilities and Quality of Life. The paper uses a new dataset on human capabilities across a wide range of life domains to examine three questions relating to health, human and capabilities aspects of quality of life. Specifically, the analysis (a) examines the extent...