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Valuation of non-market goods Asking the question “what value should policymakers place on good health, the environment and other public goods?”, Professor Paul Dolan of Imperial College London discussed the role of subjective well-being in informing policy decisions and outlined some of the ways in which it might be measured for policy purposes.
Paul Dolan is Professor of Economics at Tanaka Business School, Imperial College London. The general theme of his research activities is how individual and social well-being should be defined, measured and distributed for the purposes of informing public policy. He has held academic appointments at the Universities of York, Newcastle and Sheffield and was a Visiting Research Scholar at Princeton University in 2004. Paul was awarded a Philip Leverhulme Prize in 2002 for his contribution to health economics.