Individual Importance Weighting of Domain Satisfaction Ratings does Not Increase Validity.

Bottom-up models of life satisfaction are based on the assumption that individuals judge the quality of their lives by aggregating information across various life domains, such as health, family, and income. This aggregation supposedly involves a weighting procedure because individuals care about different parts of their lives to varying degrees. Thus, composite measures of well-being should be more accurate if domain satisfaction scores are weighted by the importance that respondents assign to the respective domains. Previous studies have arrived at mixed conclusions about whether such a procedure actually works. In the present study, importance weighting was investigated in the Panel Study of Income Dynamics (PSID; = 5,049). Both weighted composite scores and moderated regression analyses converged in producing the conclusion that importance weights did not result in higher correlations with the outcome variable, a global measure of life satisfaction. By contrast, using weights that vary across domains (e.g., assigning a larger weight to family satisfaction than to housing satisfaction for all respondents) significantly increased the correlation with global life satisfaction (although incremental validity was rather humble). These results converge with findings from other fields such as self-concept research, where evidence for individual importance weighting seems elusive as best.