It isn’t obvious to me that subjective wellbeing isn’t also just a snapshot of a person’s welfare
Life satisfaction score is a snapshot, while WELLBY is its integral over time, so it’s WELLBY you want. The World Happiness Report’s article on this is a good primer.
Life satisfaction score is a snapshot, while WELLBY is its integral over time, so it’s WELLBY you want. The World Happiness Report’s article on this is a good primer.