Abstract
Judgments about how well things are going for people during particular periods of time, and about how well people’s entire lives have gone or will go, are ubiquitous in ordinary life. Those judgments are about well-being—or, equivalently, welfare or quality of life. This article examines the concept of well-being and the related concepts of prudential value and disvalue (i.e., goodness or badness for someone). It distinguishes these concepts from ones with which they might be conflated, exhibits some of the roles they play in ethical thought, and examines some attempts to analyze or define them.