Thanks for sharing, Mo! Very interesting. That makes me more pessimistic about finding the relationship between biological indicators and self-reported human welfare. I still think tracking more objective metrics would be helpful such that is is harder to game the system. If welfare surveys became widespread, and consistently used to make decisions, people could try to give answers which benefit them the most instead of reporting their welfare as accurately as possible. I like the assumption that welfare per human-year is proportional to the logarithm of annual consumption because this is hard to game.
Thanks for sharing, Mo! Very interesting. That makes me more pessimistic about finding the relationship between biological indicators and self-reported human welfare. I still think tracking more objective metrics would be helpful such that is is harder to game the system. If welfare surveys became widespread, and consistently used to make decisions, people could try to give answers which benefit them the most instead of reporting their welfare as accurately as possible. I like the assumption that welfare per human-year is proportional to the logarithm of annual consumption because this is hard to game.
Thanks, this is interesting. I wonder if this sort of individual-level noise might be smoothed out by large-n experience sampling.