Social welfare
Term · Environment · MLC-T-ENV-025919
Human well-being, measured at some aggregate level (U.S. EPA 2006). In the typical economic context, the sum of individual benefit measures within a utilitarian benefit-cost framework, where individual welfare is often measured by a person's willingness to pay.
| Identifier | MLC-T-ENV-025919 |
|---|---|
| Field | Environment |
| Subject | Ecosystems |
| References | Core Ecosystem Services Research Program Standard Lexicon |
Record as JSON
{
"id": "MLC-T-ENV-025919",
"term": "Social welfare",
"field": "Environment",
"definition": "Human well-being, measured at some aggregate level (U.S. EPA 2006). In the typical economic context, the sum of individual benefit measures within a utilitarian benefit-cost framework, where individual welfare is often measured by a person's willingness to pay.",
"subject": "Ecosystems",
"references": [
"Core Ecosystem Services Research Program Standard Lexicon"
],
"url": "https://mlchart.com/terminology/environment/social-welfare/"
}
Record 25,226 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.