Timely information about people’s desires could improve policy-makers’ ability to allocate resources to maximum effect and monitor interventions and outcomes. In developing a multidimensional well-being tool to compare the effectiveness of different interventions, weights aim to capture the relative importance of each component to a person’s overall well-being. In this ODI Development Progress Project Note, Laura Rodriguez Takeuchi explores how we may obtain weights based on people’s perceptions of what is important, proposing two methodologies for testing in a pilot project.
- "In the measurement of multidimensional well-being, weights aim to capture the relative importance of each component to a person’s overall well-being. The choice of weights needs to be explicit and could be used to incorporate people’s perspectives into a final metric.
- Stated preferences approaches aim to obtain weights from individuals’ responses to hypothetical scenarios. We outline six of these approaches. Understanding their design and limitations is vital to make sense of potentially dissimilar results.
- It is important to select and test an appropriate method for specific contexts, considering the challenges of relying on people’s answers. Two methodologies, DCE and PTO, are put forward for testing in a pilot project."
Rodriguez Takeuchi, L. (2014) Incorporating people's values in development: weighting alternatives. London: Overseas Development Institute.