Inequality-averse well-being measurement

Marc Fleurbaey; François Maniquet

doi:10.1111/ijet.12140

Inequality-averse well-being measurement

Marc Fleurbaey, François Maniquet

Princeton School of Public and International Affairs

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

5 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 language	English (US)
Pages (from-to)	35-50
Number of pages	16
Journal	International Journal of Economic Theory
Volume	14
Issue number	1
DOIs	https://doi.org/10.1111/ijet.12140
State	Published - Mar 2018

All Science Journal Classification (ASJC) codes

Economics and Econometrics

Keywords

fairness
preference
well-being measure

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10.1111/ijet.12140

Cite this

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Inequality-averse well-being measurement

Abstract

All Science Journal Classification (ASJC) codes

Keywords

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