Fairness and well-being measurement

Marc Fleurbaey; François Maniquet

doi:10.1016/j.mathsocsci.2016.11.003

Fairness and well-being measurement

Marc Fleurbaey, François Maniquet

Princeton School of Public and International Affairs

Research output: Contribution to journal › Article › peer-review

9 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 language	English (US)
Pages (from-to)	119-126
Number of pages	8
Journal	Mathematical social sciences
Volume	90
DOIs	https://doi.org/10.1016/j.mathsocsci.2016.11.003
State	Published - Nov 2017

All Science Journal Classification (ASJC) codes

Sociology and Political Science
General Social Sciences
General Psychology
Statistics, Probability and Uncertainty

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10.1016/j.mathsocsci.2016.11.003

Cite this

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AU - Maniquet, François

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AB - 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.

UR - https://www.scopus.com/pages/publications/85008400988

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DO - 10.1016/j.mathsocsci.2016.11.003

M3 - Article

AN - SCOPUS:85008400988

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VL - 90

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EP - 126

JO - Mathematical social sciences

JF - Mathematical social sciences

ER -

Fairness and well-being measurement

Abstract

All Science Journal Classification (ASJC) codes

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