Welfarerelevant
Welfarerelevant is an adjective used to describe information, policies, or considerations that affect welfare outcomes. In public policy and related fields, something is welfarerelevant if it has implications for the well-being or material welfare of individuals or groups, as understood within the relevant welfare framework.
Origin and scope: The term is a neologism formed by combining welfare with relevant. It is not
Usage: In welfare economics, welfarerelevant variables feed into social welfare calculations or cost-benefit analyses. In policy
Limitations: Because "welfare" can be interpreted in multiple ways—economic welfare, social welfare, or subjective well-being—the term
See also: Welfare state, Welfare economics, Well-being, Social policy, Cost-benefit analysis.