A new class of measures of the standard of living based on functionings

DC FieldValueLanguage
dc.contributor.authorGaertner, Wulf
dc.contributor.authorXu, Yongsheng
dc.date.accessioned2021-12-23T16:20:15Z-
dc.date.available2021-12-23T16:20:15Z-
dc.date.issued2008
dc.identifier.issn09382259
dc.identifier.urihttps://osnascholar.ub.uni-osnabrueck.de/handle/unios/13378-
dc.description.abstractHuman development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring the standard of living available either to an individual or a whole country, when the direction of the development of society represented by a reference functioning vector or a reference cone is uncertain. We provide axiomatic characterizations of the various measures proposed.
dc.language.isoen
dc.publisherSPRINGER
dc.relation.ispartofECONOMIC THEORY
dc.subjectBusiness & Economics
dc.subjectcapabilities
dc.subjectEconomics
dc.subjectfunctionings
dc.subjectsocial progress
dc.subjectstandard of living
dc.subjectuncertainty
dc.titleA new class of measures of the standard of living based on functionings
dc.typejournal article
dc.identifier.doi10.1007/s00199-007-0229-4
dc.identifier.isiISI:000253347500001
dc.description.volume35
dc.description.issue2
dc.description.startpage201
dc.description.endpage215
dc.identifier.eissn14320479
dc.publisher.place233 SPRING ST, NEW YORK, NY 10013 USA
dcterms.isPartOf.abbreviationEcon. Theory
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