Valuation of Functioning Bundles and Interpersonal Comparisons of Well-Being

P. K. Pattanaik and Yongsheng Xu
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P. K. Pattanaik: University of California

Chapter Chapter 3 in Multidimensional Well-Being, Deprivation and Inequality, 2024, pp 17-42 from Springer

Abstract: Abstract This chapter discusses the issues of evaluating an individual’s well-being in different situations as well as of interpersonal comparisons of individual well-being, where an individual’s well-being is determined solely by the individual’s achieved functioning bundle. It is shown that, if the evaluator of individual well-being wants to accommodate in the evaluation the differences in the values of individuals, even minimally, then the evaluation cannot satisfy some very weak criteria for interpersonal well-being comparisons. This chapter also discusses the possibility of avoiding this impasse by considering a weaker criterion for interpersonal comparisons of well-being.

Date: 2024
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DOI: 10.1007/978-3-031-62046-1_3

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