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Persistent link: https://www.econbiz.de/10009324488
Human development is about much more than growth in real income. It is about expanding the choices human beings have to lead lives that they value. The potential choices and their expansion can be captured by capability sets that consist of various functioning vectors. The standard of living is...
Persistent link: https://www.econbiz.de/10009277614
This paper studies a ranking rule of the following type axiomatically: each voter places k candidates into n categories with ranks from n to 1 attached to these categories, the candidate(s) with the highest aggregate score is (are) the winner(s). We show that it is characterized by a...
Persistent link: https://www.econbiz.de/10010561479
Human 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...
Persistent link: https://www.econbiz.de/10010954404
Human 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...
Persistent link: https://www.econbiz.de/10010300185
In this paper we characterize choice behaviour that picks the median element from a set of feasible alternatives. It is easily seen that this choice behaviour violates most of the standard consistency conditions for set contraction and set expansion. The paper offers a complete characterization...
Persistent link: https://www.econbiz.de/10005369495
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Human 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...
Persistent link: https://www.econbiz.de/10005464131
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