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Social Welfare, Priority to the Worst-Off And the Dimensions of Individual Well-Being

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Author Info
Marc Fleurbaey
Abstract

When well-being is one-dimensional, the key ethical issue for the definition of social welfare is the degree of inequality aversion, which can be discussed with variants of the Pigou-Dalton transfer principle. When it is measured in terms of primary goods, functionings or capa-bilities, individual well-being is fundamentally multi-dimensional. It is then important to take account of individual preferences over the diferent dimensions. This has interesting consequences for the definition of social welfare. This chapter shows how the axiomatic techniques of social choice can then be used to justify particular social welfare functions and derive suitable criteria for the assessment of reforms of the Welfare State and consequences of globalization.

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Paper provided by Institut d'economie publique (IDEP), Marseille, France in its series IDEP Working Papers with number 0312.

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Length: 51 pages
Date of creation: Nov 2003
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Handle: RePEc:iep:wpidep:0312

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  1. Cécile Boyer ; Christian Gourieroux ; Gaëlle Le Fol, 2001. "Ajustement des prix bid et ask en présence d'information privée," Working Papers 2001-25, Centre de Recherche en Economie et Statistique. [Downloadable!]
  2. Samuelson, Paul A, 1977. "Reaffirming the Existence of "Reasonable" Bergson-Samuelson Social Welfare Functions," Economica, London School of Economics and Political Science, vol. 44(173), pages 81-88, February. [Downloadable!] (restricted)
  3. Marc Fleurbaey & Alain Trannoy, 2003. "The impossibility of a Paretian egalitarian," Social Choice and Welfare, Springer, vol. 21(2), pages 243-263, October. [Downloadable!] (restricted)
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  4. Francois Maniquet & Yves Sprumont, 2002. "Fair Production and Allocation of an Excludable Nonrival Good," Economics Working Papers 0014, Institute for Advanced Study, School of Social Science. [Downloadable!]
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  5. Fleurbaey, Marc & Michel, Philippe, 2001. "Transfer principles and inequality aversion, with an application to optimal growth," Mathematical Social Sciences, Elsevier, vol. 42(1), pages 1-11, July. [Downloadable!] (restricted)
  6. M. Fleurbaey & C. Hagneré & M. Martinez & A. Trannoy, 1999. "Les minima sociaux en France : entre compensation et responsabilité," THEMA Working Papers 99-44, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
  7. Fields, Gary S & Fei, John C H, 1978. "On Inequality Comparisons," Econometrica, Econometric Society, vol. 46(2), pages 303-16, March. [Downloadable!] (restricted)
  8. Marc Fleurbaey & Francois Maniquet, 2002. "Fair Income Tax," Economics Working Papers 0021, Institute for Advanced Study, School of Social Science. [Downloadable!]
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  9. Meyer, Jack, 1977. "Second Degree Stochastic Dominance with Respect to a Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 477-87, June. [Downloadable!] (restricted)
  10. M. Fleurbaey & F. Maniquet, 2000. "Fair Social Orderings With Unequal Production Skills," THEMA Working Papers 2000-17, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
  11. Mike Brewer, 2000. "Comparing in-work benefits and financial work incentives for low-income families in the US and the UK," IFS Working Papers W00/16, Institute for Fiscal Studies. [Downloadable!]
  12. Mirrlees, James A, 1971. "An Exploration in the Theory of Optimum Income Taxation," Review of Economic Studies, Blackwell Publishing, vol. 38(114), pages 175-208, April. [Downloadable!] (restricted)
  13. Fleurbaey,M., 2001. "The Pazner-Schmeidler social ordering : a defense," Working Papers 328, Bielefeld University, Institute of Mathematical Economics. [Downloadable!]
  14. Fleurbaey, Marc & Suzumura, Kotaro & Tadenuma, Koichi, 2005. "Arrovian aggregation in economic environments: how much should we know about indifference surfaces?," Journal of Economic Theory, Elsevier, vol. 124(1), pages 22-44, September. [Downloadable!] (restricted)
  15. M. Fleurbaey & F. Maniquet, 2008. "Fair social orderings," Economic Theory, Springer, vol. 34(1), pages 25-45, January. [Downloadable!] (restricted)
  16. Hammond, Peter J, 1976. "Equity, Arrow's Conditions, and Rawls' Difference Principle," Econometrica, Econometric Society, vol. 44(4), pages 793-804, July. [Downloadable!] (restricted)
  17. MARC FLEURBAEY & FRANÇOIS MANIQUET, 2007. "Help the Low Skilled or Let the Hardworking Thrive? A Study of Fairness in Optimal Income Taxation," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(3), pages 467-500, 06. [Downloadable!] (restricted)
  18. Marc Fleurbaey, 2003. "On the informational basis of social choice," Social Choice and Welfare, Springer, vol. 21(2), pages 347-384, October. [Downloadable!] (restricted)
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