On the Possibility of a Weighting System for Functionings
Measuring well-being of an individual based on his/her levels of functionings raises the following problem: Two vectors representing two individuals' achieved levels of functionings cannot be ranked unless one vector dominates the other. One solution is to combine the elements of a vector into some scalar measure by introducing a set of relative weights. Starting from the premise that each individual in a society has his/her own judgement about relative weights for various functionings, an axiomatic approach has been developed to characterise a rule for aggregation of relative weights attached by all individuals in the society.
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Volume (Year): 31 (1996)
Issue (Month): 2 (July)
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