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Money matters only insofar as it is a proxy for welfare.
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This may pose a difficulty for the identification of life satisfaction with happiness: for people frequently seem to use happiness as a proxy for well-being, a reasonably concrete and value-free stand-in that facilitates quick-and-dirty assessments of welfare.
We also propose a measure of market effectiveness that may be thought of as a proxy for consumer welfare in this environment, and use it alongside our model to provide a critical perspective on regulations that cap the number of products that firms could offer.
In addition, a new Mental Capacity Act [ 5] had recently been introduced with provisions allowing individuals to make legally binding advance decisions to refuse treatment or to nominate a proxy for health and welfare.
Antitrust authorities and policy-makers usually treat price as a proxy for quality and consumer welfare, in part because health care quality is difficult to observe.
But it was Bridge Cards, for welfare".
He recently applied for welfare benefits.
Nor could he apply for welfare benefits.
WELFARE OVERHAUL -- Enact stricter work requirements for welfare recipients.
Trempont also foresees applications for welfare management.
Kappa for welfare was low because few participants reported receiving welfare (13).
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CEO of Professional Science Editing for Scientists @ prosciediting.com