Picture with Open Social Value Bank logo

Does your wellbeing have a value?

August 3, 2023

If you were asked how highly you rate your overall quality of life, you would surely answer: Very highly!

Nevertheless, wellbeing or life satisfaction is not included as an independent value when the effect of public measures is assessed. But Open Social Value Bank is trying to change that.

Our Chief Scientific Officer, Ziggi Ivan Santini, has spoken to the Københavns Universitet - University of Copenhagen's Inspiratorium about this.

"It's social value-setting, which means that we value something that otherwise doesn't normally have a value. You call it non-market goods in economics. And well-being doesn't have a value in Denmark. In most places it doesn't value. What is ironic is that our well-being is one of the things we value the most. It is one of the things we value the most, but it is not valued."

... Ziggi shares, among other things.

Open Social Value Bank is a collaboration between Økonomer Uden Grænser, Københavns Universitet - University of Copenhagen, Ramboll Management Consulting and Impactly, which is supported by TrygFonden and Rambøll Fonden / Ramboll Foundation.

Impactly is responsible for the IT development for the Open Social Value Bank.

Summary
Impactly's Chief Scientific Officer, Ziggi Ivan Santini has spoken to the University of Copenhagen Inpiratiorum about life satisfaction not being included as an independent value when the effect of public measures is assessed, and that the Open Social Value Bank initiative is an answer to this.
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Johan Dubert
CEO, Founder
Rasmus Rifsdal
Director of Impact, Co-Founder
Jonas thor Straten
Head of Communications