Inequality-averse well-being measurement

Marc Fleurbaey, François Maniquet

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

We construct individual well-being measures that respect individual preferences and depend on the bundles of goods consumed by the individual. Building on previous work in which general families of well-being measures are identified, we introduce basic transfer principles that apply either to bundles or directly to indifference sets, and we characterize specific well-being measures that involve either the ray utility or the money-metric utility.

Original languageEnglish (US)
Pages (from-to)35-50
Number of pages16
JournalInternational Journal of Economic Theory
Volume14
Issue number1
DOIs
StatePublished - Mar 1 2018

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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