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Capabilities and utilities

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  • Carmen Herrero

Abstract

In this paper we address the problem of looking for resource allocation mechanisms which would be accepted as equitable from Sen's point of view, in a framework of economic environments. We simplify the idea of equalizing capabilities by means of the equalization of a capability index. Then, we analyze the relationship between capability and utility, and provide characterization results on mechanisms giving us allocations which are capability lexmin suprema.

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File URL: http://hdl.handle.net/10.1007/BF02499125
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Bibliographic Info

Article provided by Springer in its journal Economic Design.

Volume (Year): 2 (1996)
Issue (Month): 1 (December)
Pages: 69-88

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Handle: RePEc:spr:reecde:v:2:y:1996:i:1:p:69-88

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Related research

Keywords: D63; C78; Keywords; Capabilities; Functionings; Equitable allocations;

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References

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  1. Chun, Y. & Thomson, W., 1989. "Bargaining Problems With Claims," RCER Working Papers 189, University of Rochester - Center for Economic Research (RCER).
  2. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-18, May.
  3. Thomson,William & Lensberg,Terje, 1989. "Axiomatic Theory of Bargaining with a Variable Number of Agents," Cambridge Books, Cambridge University Press, number 9780521343831, December.
  4. Bossert W., 1996. "Redistribution mechanisms based on individual characteristics," Mathematical Social Sciences, Elsevier, vol. 31(1), pages 51-51, February.
  5. Roemer, John E., 1988. "Axiomatic bargaining theory on economic environments," Journal of Economic Theory, Elsevier, vol. 45(1), pages 1-31, June.
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Citations

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Cited by:
  1. Carmen Herrero Blanco, 1998. "- An Alternative Theory Of Health Care Decision Making," Working Papers. Serie AD 1998-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. Villar, Antonio, 2001. "The Welfare Evaluation of Primary Goods: A Suggestion," Economics Series 98, Institute for Advanced Studies.
  3. Gotoh, Reiko & Yoshihara, Naoki, 2013. "Securing Basic Well-being for All," CCES Discussion Paper Series 48, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
  4. Marco, Mariotti & Roberto, Veneziani, 2012. "Opportunities as chances: maximising the probability that everybody succeeds," MPRA Paper 41884, University Library of Munich, Germany.
  5. Leßmann, Ortrud, 2011. "Empirische Studien zum Capability Ansatz auf der Grundlage von Befragungen: Ein Überblick," UFZ Discussion Papers 4/2011, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
  6. Carmen Herrero & José Luis Pinto & Han Bleichrodt, 1997. "Comparison and evaluation of states of health," Economics Working Papers 275, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 1998.
  7. Antonio Villar Notario, 2001. "Multidimensional Inequality And Social Welfare," Working Papers. Serie AD 2001-30, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  8. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.

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