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The basic problem in poverty measurement is how to weigh the income of different groups. This is a normative problem on which people differ in opinion, and hence we should seek a way of dealing with the issue that takes into account this plurality. In the paper, we suggest an approach to poverty...
Persistent link: https://www.econbiz.de/10005672001
We evaluate the costs of three different programs for alleviating long term poverty: (i) workfare, or grants made contingent on a work requirement, (ii) universal welfare, or unconditional grants, and (iii) meanstested welfare, or grants conditioned on private labor market earnings. We identify...
Persistent link: https://www.econbiz.de/10005672003
This paper discusses the problems involved in considering competition policy as a separate area of economic policy. Two problems are given special attention. The first is the doubtful efficiency gain from enforcing competitive conditions in one industry when other industries are not operating at...
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Rawls (1971,1993) suggests that interpersonal comparisons of well-being should be based on a primary goods index, but it is well-known that in general this approach is not compatible with the Pareto principle. This is the indexing impasse. Sen (1985,1991) argues that this is partly due to the...
Persistent link: https://www.econbiz.de/10005672040
In the framework of ethical social choice theory, sustainability is justified by Efficiency and Equity as ethical axioms. These axioms correspond to the Suppes-Sen Grading principle. In technologies that are productive in a certain sense, the set of Suppes-Sen maximal utility paths is shown to...
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