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Capabilities And Utilities

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  • Carmen Herrero Blanco

    (Instituto Valenciano de Investigaciones Económicas)

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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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1995-06.

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Length: 45 pages
Date of creation: Jan 1995
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:1995-06

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Keywords: Capabilities; Functionings; Equitable Allocations.;

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References

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  1. Bossert, W., 1993. "Redistribution Mechanisms Based on Individual Characteristics," Working Papers 9307, University of Waterloo, Department of Economics.
  2. Chun, Y. & Thomson, W., 1989. "Bargaining Problems With Claims," RCER Working Papers 189, University of Rochester - Center for Economic Research (RCER).
  3. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-18, May.
  4. Roemer, John E., 1988. "Axiomatic bargaining theory on economic environments," Journal of Economic Theory, Elsevier, vol. 45(1), pages 1-31, June.
  5. repec:cup:cbooks:9780521343831 is not listed on IDEAS
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Citations

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Cited by:
  1. Marco Mariotti & Roberto Veneziani, 2012. "Opportunities as chances: maximising the probability that everybody succeeds," UMASS Amherst Economics Working Papers 2012-09, University of Massachusetts Amherst, Department of Economics.
  2. 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).
  3. Villar, Antonio, 2001. "The Welfare Evaluation of Primary Goods: A Suggestion," Economics Series 98, Institute for Advanced Studies.
  4. 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.
  5. 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).
  6. Antonio Villar Notario, 2001. "Multidimensional Inequality And Social Welfare," Working Papers. Serie AD 2001-30, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  7. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.
  8. 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.

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