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Difficulties in the use of equivalence scales for normative purpsoses

Javier Ruiz-Castillo

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: Can we make welfare comparisons of households of different characteristics on the basis of their observed behavior in relation to cornmodity demands? This paper reviews sorne of the fundamental difficulties encountered in the attempt to use the concept oí an equivalence scale as a vehic1e for introducing demographics and other characteristics into empirical demand analysis and, at the same time, for establishing interpersonal comparisons oí wel1-being.

Keywords: Interpersonal; Comparisons; of; Utility; Equivalence; Scales (search for similar items in EconPapers)
Date: 1991-02
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:2762

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