In this book, Paul Anand examines the normative interpretation of Subjective Expected Utility (SEU). He tests the philosophical and logical basis for associating SEU with rational choice. Decision theorists have increasingly come to accept the experimental evidence that subjects systematically...

Drawing on data from a new survey of individual capabilities across a range of life domains, the paper explores gender inequalities in the causes, experiences and consequences of violent crime. Measuring not only experienced violence, but also feelings of fear and vulnerability to future...

The paper provides an overview and assessment of an emerging literature on the psychology and behavioural economics of poverty. We particularly highlight poverty experiences, role of neighbourhoods, poverty dynamics and transmission, child poverty and disability and personal finance. In addition...

The paper contributes to the operationalisation of the capabilities approach to welfare economics by developing and analyzing data on the freedoms of adults in Argentina. Specifically, it reports on the development and delivery of a survey instrument for measuring capabilities, calculates for...

This paper explores some difficulties encountered in multidimensional measures of wellbeing. In particular, it highlights the need for such indices to (i) incorporate information on individual preferences, (ii) be robust with respect to estimation assumptions given the 'curse of dimensionality'...