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Theoretical and Applied Economics
No. 2 / 2011 (555)

An Epistemological Perspective on the Quality of Life Concept

George ŞERBAN-OPRESCU
Bucharest Academy of Economic Studies

Abstract. Any researcher interested in defining the concept of quality of life faces a difficult epistemological task in terms of harmonizing a concept that seems by its very nature subjective and dispersed. Therefore, at present one can not speak of a universally accepted definition of quality of life but a series of different approaches to the concept based on hypothesis, assumptions and methods of analysis and research. From this viewpoint, the main aim of the present paper is to analyze two most known approaches on the concept of quality of life, so as to highlight the epistemological difficulties and challenges inherent to these approaches. Nevertheless, this paper does not seek definitive answers to the epistemological dilemmas, but set into the limelight these difficulties for further encouraging debate on these questions which might advance the state of research.

Keywords: utilitarianism; epistemology; capabilities; quality of life.

Contents

The Confusion of Methods
Marin Dinu
1

Economics of Sustainable Development. Competitiveness and Economic Growth

Dorel AILENEI · Liviu-Cosmin MOSORA

2

The Particularities of the Economic Crisis in the Knowledge-Based Society

Ion IVAN · Marius POPA · Dragoş PALAGHITA · Bogdan VINTILĂ · Mihai DOINEA

3

Adverse Selection Models with Three States of Nature

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4

Sustaining an Effective ABC-ABM System

Gary COKINS · Sorinel CĂPUŞNEANU

5

Consequences of the Budget Deficit in the Current Crisis in Romania. Implications on the Labor Market

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6

Portfolio Risk Analysis using ARCH and GARCH Models in the Context of the Global Financial Crisis

Oana Mădălina PREDESCU · Stelian STANCU

7

Costs of Adopting a Common European Currency. Analysis in Terms of the Optimum Currency Areas Theory

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The Effects of Economic Geography on Education in Romania

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9

Statistical – Econometric Analysis of the Correlations between the Social Security Budget and the Main Macroeconomic Aggregates in Romania

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11

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12

Economic Crises and the Complexity of Animal Spirits Modeling

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13

An Epistemological Perspective on the Quality of Life Concept

George ŞERBAN-OPRESCU

14

The Natural Rate of Unemployment and its Implications for Economic Policy

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15

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16

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