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

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  • Wulf Gaertner
  • Yongsheng Xu

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Suggested Citation

  • Wulf Gaertner & Yongsheng Xu, 2008. "A new class of measures of the standard of living based on functionings," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(2), pages 201-215, May.
    • Handle: RePEc:spr:joecth:v:35:y:2008:i:2:p:201-215
    DOI: 10.1007/s00199-007-0229-4
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    References listed on IDEAS

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    1. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
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    Cited by:

    1. Jun Matsuyama & Kenji Mori, 2011. "Freedom And Achievement Of Well‐Being And Adaptive Dynamics Of Capabilities," Metroeconomica, Wiley Blackwell, vol. 62(3), pages 494-511, July.
    2. Bleichrodt, Han & Quiggin, John, 2013. "Capabilities as menus: A non-welfarist basis for QALY evaluation," Journal of Health Economics, Elsevier, vol. 32(1), pages 128-137.
    3. Wulf Gaertner & Yongsheng Xu, 2011. "Reference-dependent rankings of sets in characteristics space," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(4), pages 717-728, October.
    4. Jing Zhang & Bingbing Huang & Xinming Chen & Congmou Zhu & Muye Gan, 2022. "Multidimensional Evaluation of the Quality of Rural Life Using Big Data from the Perspective of Common Prosperity," IJERPH, MDPI, vol. 19(21), pages 1-21, October.
    5. Reiko Gotoh & Ryo Kambayashi, 2023. "What the Welfare State Left Behind—Securing the Capability to Move for the Vulnerable," Asian Economic Policy Review, Japan Center for Economic Research, vol. 18(1), pages 124-143, January.
    6. Jun Matsuyama & Kenji Mori, 2010. "Freedom and achievement of well-being in the adaptive dynamics of capabilities," TERG Discussion Papers 252, Graduate School of Economics and Management, Tohoku University.
    7. Vincenzo Mauro & Mario Biggeri & Filomena Maggino, 2018. "Measuring and Monitoring Poverty and Well-Being: A New Approach for the Synthesis of Multidimensionality," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 135(1), pages 75-89, January.
    8. Wulf Gaertner, 2012. "Evaluating sets of objects in characteristics space," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(2), pages 303-321, July.

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    More about this item

    Keywords

    Functionings; Capabilities; Uncertainty; Social progress; Standard of living; C78; D63; D71; D74; O12;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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