Objective measures of well-being and the cooperative production problem
AbstractThe concern for measuring well-being objectively (as opposed to subjectively, that is, relying only on preferences) is found in modern political philosophy, especially in J. Rawls's, A. Sen's and G. Cohen's writings. This paper explains the implications of using an objective well-being index as equalisandum or, close to the so-called "safety net preoccupation", to guarantee a well-being lower bound. In the simple production model studied here, five characterization results and two related theorems prove the convergence of both approaches. We come to the conclusion that the Proportional Solution is the dominant solution according to "objectivist" axioms.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Social Choice and Welfare.
Volume (Year): 15 (1997)
Issue (Month): 1 ()
Note: Received: 5 September 1994/Accepted: 29 June 1996
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00355/index.htm
Other versions of this item:
- Gaspart, F., 1996. "Objective Measures of Well-Being and the Cooperative Production Problem," Papers 170, Notre-Dame de la Paix, Sciences Economiques et Sociales.
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Maria Ana Lugo & Koen Decancq, 2009.
"Measuring Inequality of Well-Being with a Correlation-Sensitive Multidimensional Gini Index,"
Economics Series Working Papers
459, University of Oxford, Department of Economics.
- Koen Decancq & María Ana Lugo, 2009. "Measuring inequality of well-being with a correlation-sensitive multidimensional Gini index," Working Papers 124, ECINEQ, Society for the Study of Economic Inequality.
- Schokkaert, Erik & Van de gaer, Dirk & Vandenbroucke, Frank & Luttens, Roland Iwan, 2004. "Responsibility sensitive egalitarianism and optimal linear income taxation," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 151-182, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.