Fairness and well-being measurement

Marc Fleurbaey, François Maniquet

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

We assume that economic justice requires resources to be allocated fairly, and we construct individual well-being measures that embody fairness principles in interpersonal comparisons. These measures are required to respect agents’ preferences. Across preferences well-being comparisons are required to depend on comparisons of the bundles of resources consumed by agents. We axiomatically justify two main families of well-being measures reminiscent to the ray utility and money-metric utility functions.

Original languageEnglish (US)
Pages (from-to)119-126
Number of pages8
JournalMathematical social sciences
Volume90
DOIs
StatePublished - Nov 2017

All Science Journal Classification (ASJC) codes

  • Statistics, Probability and Uncertainty
  • Social Sciences(all)
  • Psychology(all)
  • Sociology and Political Science

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