Evaluation of Subjective and Objective Aspects of Russian Students' Well-Being

Abstract

We conducted an online research using a questionnaire and a case study in order to reveal how objective aspects, such as income, consumer assets, positive and negative events, correspond to self-reported subjective well-being of Tomsk students. The result of the study is that non-economic aspects (family and health) are more valuable for respondents. Most of them underestimate their health status and do not see any gains in getting useless good available for free.