Abstract
A regression procedure, using survey data on individual's stated preferences for communities, is used to calculate an index of ‘quality of life’. The survey instrument is extraordinarily simple, asking only for limited information about the subset of communities most well-known to respondents. The index is based upon an assumption about the distribution of the errors individuals make in perceiving the true, underlying index. The index is computed from dummy variables and is shown to have nice properties, including invariance to data ordering and (with full information) constant and equal standard errors associated with relative interplace index values. The index is estimated for a case study of 52 Pennsylvania counties.
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