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Chapter 12 Inequality, poverty and welfare

In: Handbook of Social Choice and Welfare

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Dutta, Bhaskar

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Abstract

This chapter is concerned with issues arising from the construction of ethical measures of inequality and poverty. The recent literature on measurement of inequality and poverty emphasizes the close connection between social welfare functions and ethical indices of inequality and poverty. This chapter surveys the main issues in this literature. In particular, we discuss how indices of inequality can be constructed from social welfare functions, and vice versa. Other issues include the equivalence theorems which provide the analytical foundations of the approach which declares one distribution to be more equal than another only when all "sensible" measures agree on the ranking. The chapter also discusses the measurement of mobility. Finally, the chapter describes some of the parallel issues which arise in the measurement of poverty.

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This chapter was published in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.) Handbook of Social Choice and Welfare, , chapter 12, pages 597-633, 2002.

This item is provided by Elsevier in its series Handbook of Social Choice and Welfare with number 1-12.

Handle: RePEc:eee:socchp:1-12

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This chapter was published in the following book, which is listed on IDEAS:
K. J. Arrow & A. K. Sen & K. Suzumura (ed.), 2002. "Handbook of Social Choice and Welfare," Handbook of Social Choice and Welfare, Elsevier, edition 1, volume 1, number 1, September. [Downloadable!] (restricted)
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I0 - Health, Education, and Welfare - - General

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This page was last updated on 2008-7-16.

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