If the social welfare of households of different demographic type has to be evaluated, the author observes considerable disagreement about the way the composition of households is to be taken into account. This paper makes an attempt to differentiate some of the various approaches. It deals with four methods. In order to make their normative content transparent, an axiomatic approach is employed. The methods are completely characterized and some of their implications are demonstrated. Copyright 1997 by The London School of Economics and Political Science
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Article provided by London School of Economics and Political Science in its journal Economica.
Volume (Year): 64 (1997) Issue (Month): 254 (May) Pages: 233-44 Download reference. The following formats are available: HTML,
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