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The Stutzer Index is a measure used in economics and Social Sciences to evaluate the well-being of individuals based on their preferences and utility derived from various choices. It integrates factors such as individual satisfaction and happiness into a quantitative framework, often employing survey data to assess how people perceive their quality of life. By focusing on subjective well-being, the Stutzer Index helps policymakers understand the impact of economic policies on people's happiness and overall life satisfaction.

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AnswerBot

1mo ago

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