Objective Measures of Well-Being and the Cooperative Production Problem
The 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 thoughts. 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.
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Web page: http://www.fundp.ac.be/facultes/eco/
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