Well-being measurement with non-classical goods

B-Tier
Journal: Economic Theory
Year: 2019
Volume: 68
Issue: 3
Pages: 765-786

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract As in Fleurbaey and Maniquet (Math Soc Sci 90:119–126, 2017, Int J Econ Theory 14(1):35–50, 2018), we construct individual well-being measures that respect individual preferences and depend on the bundles of goods consumed by the individual. We show that the results obtained under the assumption that all available goods are desirable (more is preferred) and cardinal (convex combination of bundles are meaningful) do not generalize to the case in which goods are ordinal or not always desirable. We justify new measures. We conclude by showing that in a general case with goods of all natures, putting all results together allows us to define a short list of families of well-being measures.

Technical Details

RePEc Handle
repec:spr:joecth:v:68:y:2019:i:3:d:10.1007_s00199-018-1143-7
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25