It seems hard to believe that the life satisfaction of bad lives can only range 0.5 points on a 0-10 life satisfaction scale, assuming a neutral point of 0.5. Or, if it is the case, then a marginal increase in measured life satisfaction should have greater returns to actual welfare (whatever that is) near the low end than elsewhere.
It seems hard to believe that the life satisfaction of bad lives can only range 0.5 points on a 0-10 life satisfaction scale, assuming a neutral point of 0.5. Or, if it is the case, then a marginal increase in measured life satisfaction should have greater returns to actual welfare (whatever that is) near the low end than elsewhere.