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We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …
Persistent link: https://www.econbiz.de/10010440430
The ethical view of prioritarianism holds the following: if an extra bundle of attributes is to be allocated to either of two individuals, then priority should be given to the worse off among the two. We consider multidimensional poverty comparisons with cardinal and ordinal attributes and...
Persistent link: https://www.econbiz.de/10013063681
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …
Persistent link: https://www.econbiz.de/10013318501
Persistent link: https://www.econbiz.de/10012991404
Persistent link: https://www.econbiz.de/10010457535
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This paper offers a micro-founded general definition of poverty set in the context of utility theory. Poverty and non … adjustment to social expectations. Each of the states can be fully described by a separate technology of utility production. The …
Persistent link: https://www.econbiz.de/10014055455
Persistent link: https://www.econbiz.de/10001504841
In the presence of inequality a status-driven utility function reconciles the conflict between income-based and … integrate various strands of literature on status effects. -- inequality ; inter-temporal consumer choice ; utility ; poverty …
Persistent link: https://www.econbiz.de/10009545463
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