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Une étude sélective des mesures de bien-être d’un individu

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  • Laferrière, Richard
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    Abstract

    This paper begins by presenting several well-known measures for a welfare variation of an individual following a change of prices and/or income. Then we discuss the computation of some of these measures and show some procedures which appeared recently in the literature. We also propose an extension of the Hausman's paper. The last section points out the roles of the compensating and equivalent variations. Throughout the paper we use a numerical example for illustrating purposes.

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    Bibliographic Info

    Article provided by Société Canadienne de Science Economique in its journal L'Actualité économique.

    Volume (Year): 59 (1983)
    Issue (Month): 2 (juin)
    Pages: 325-343

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    Handle: RePEc:ris:actuec:v:59:y:1983:i:2:p:325-343

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    1. Hausman, Jerry A, 1981. "Exact Consumer's Surplus and Deadweight Loss," American Economic Review, American Economic Association, vol. 71(4), pages 662-76, September.
    2. Diamond, P. A. & McFadden, D. L., 1974. "Some uses of the expenditure function in public finance," Journal of Public Economics, Elsevier, vol. 3(1), pages 3-21, February.
    3. Hause, John C, 1975. "The Theory of Welfare Cost Measurement," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1145-82, December.
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