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Sens's Capability Approach to Welfare Economics
Wiebke Kuklys () and
Ingrid Robeyns
Papers on Strategic Interaction from Max Planck Institute of Economics, Strategic Interaction Group
Abstract:
We describe Amartya Sen's Capability Approach to welfare evaluation in the language of standard welfare economics, and assess to what extent it provides a genuine alternative for individual welfare measurement and policy evaluation. We review the nascent empirical literature on the capability approach and assess whether it makes a genuine difference with standard welfare evaluation.
Keywords: capability approach ; welfare economics ; welfare measurement ; welfarism (search for similar items in EconPapers)
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Date: 2004-01
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Persistent link: http://EconPapers.repec.org/RePEc:esi:discus:2004-03
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