Prioritarian evaluation of well-being with an ordinal variable

Suman Seth () and Gaston Yalonetzky

No 531, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: Additive social evaluation measures have been proposed and are commonly used to assess well-being with an ordinal variable. In this paper, we derive appropriate functional-form restrictions allowing additive social evaluation measures for ordinal variables to provide dif- ferent degrees of priority to those relatively worse-off. To assess the robustness of societal well-being comparisons to alternative choices of distribution-sensitive measures, we propose tractable stochastic dominance conditions for different degrees of priority.

Keywords: Ordinal variables; measurement of well-being; Hammond transfer; inequality aversion; stochastic dominance; prioritarianism. (search for similar items in EconPapers)
JEL-codes: D63 I3 I31 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2020-05
New Economics Papers: this item is included in nep-hap and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.ecineq.org/milano/WP/ECINEQ2020-531.pdf (application/pdf)

Related works:
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:inq:inqwps:ecineq2020-531

Access Statistics for this paper

More papers in Working Papers from ECINEQ, Society for the Study of Economic Inequality Contact information at EDIRC.
Bibliographic data for series maintained by Maria Ana Lugo ( this e-mail address is bad, please contact ).