Fairness and well-being measurement

Marc Fleurbaey and Francois Maniquet

Mathematical Social Sciences, 2017, vol. 90, issue C, 119-126

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.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165489616301652
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Fairness and well-being measurement (2017)
Working Paper: Fairness and well-being measurement (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:90:y:2017:i:c:p:119-126

DOI: 10.1016/j.mathsocsci.2016.11.003

Access Statistics for this article

Mathematical Social Sciences is currently edited by J.-F. Laslier

More articles in Mathematical Social Sciences from Elsevier
Bibliographic data for series maintained by Catherine Liu ().