IDEAS home Printed from https://ideas.repec.org/a/spr/reecde/v2y1996i1p69-88.html
   My bibliography  Save this article

Capabilities and utilities

Author

Listed:
  • Carmen Herrero

Abstract

In this paper we address the problem of looking for resource allocation mechanisms which would be accepted as equitable from Sen's point of view, in a framework of economic environments. We simplify the idea of equalizing capabilities by means of the equalization of a capability index. Then, we analyze the relationship between capability and utility, and provide characterization results on mechanisms giving us allocations which are capability lexmin suprema.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Carmen Herrero, 1996. "Capabilities and utilities," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 69-88, December.
    • Handle: RePEc:spr:reecde:v:2:y:1996:i:1:p:69-88
    DOI: 10.1007/BF02499125
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF02499125
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/BF02499125?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bossert W., 1996. "Redistribution mechanisms based on individual characteristics," Mathematical Social Sciences, Elsevier, vol. 31(1), pages 51-51, February.
    2. Thomson,William & Lensberg,Terje, 2006. "Axiomatic Theory of Bargaining with a Variable Number of Agents," Cambridge Books, Cambridge University Press, number 9780521027038.
    3. Chun, Youngsub & Thomson, William, 1992. "Bargaining problems with claims," Mathematical Social Sciences, Elsevier, vol. 24(1), pages 19-33, August.
    4. Thomson,William & Lensberg,Terje, 1989. "Axiomatic Theory of Bargaining with a Variable Number of Agents," Cambridge Books, Cambridge University Press, number 9780521343831.
    5. Roemer, John E., 1988. "Axiomatic bargaining theory on economic environments," Journal of Economic Theory, Elsevier, vol. 45(1), pages 1-31, June.
    6. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-518, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carmen Herrero & José Luis Pinto & Han Bleichrodt, 1997. "Comparison and evaluation of states of health," Economics Working Papers 275, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 1998.
    2. Yongsheng Xu & Naoki Yoshihara, 2020. "Nonconvex Bargaining Problems: Some Recent Developments," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 37(1), pages 7-41, November.
    3. Reiko Gotoh & Naoki Yoshihara, 2018. "Securing basic well-being for all," Review of Social Economy, Taylor & Francis Journals, vol. 76(4), pages 422-452, October.
    4. 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.
    5. James Foster, Christopher Handy, 2008. "External Capabilities," OPHI Working Papers 8, Queen Elizabeth House, University of Oxford.
    6. Amartya K. Sen, 1997. "From Income Inequality to Economic Inequality," Southern Economic Journal, John Wiley & Sons, vol. 64(2), pages 384-401, October.
    7. Lessmann, Ortrud, 2012. "Applying the Capability Approach Empirically: An Overview with Special Attention to Labor," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 23(2), pages 98-118.
    8. Yongsheng Xu & Naoki Yoshihara, 2022. "Bargaining theory over opportunity assignments and the egalitarian solution," Metroeconomica, Wiley Blackwell, vol. 73(1), pages 198-219, February.
    9. Marco Mariotti & Roberto Veneziani, 2018. "Opportunities as Chances: Maximising the Probability that Everybody Succeeds," Economic Journal, Royal Economic Society, vol. 128(611), pages 1609-1633, June.
    10. Fasil Alemante & Donald E. Campbell & Jerry S. Kelly, 2016. "Characterizing the resolute part of monotonic social choice correspondences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(4), pages 765-783, October.
    11. Villar, Antonio, 2001. "The Welfare Evaluation of Primary Goods: A Suggestion," Economics Series 98, Institute for Advanced Studies.
    12. Leßmann, Ortrud, 2011. "Empirische Studien zum Capability Ansatz auf der Grundlage von Befragungen: Ein Überblick," UFZ Discussion Papers 4/2011, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    13. Carmen Herrero Blanco, 1998. "- An Alternative Theory Of Health Care Decision Making," Working Papers. Serie AD 1998-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    14. Anand, Paul & Gray, Alastair & Liberini, Federica & Roope, Laurence & Smith, Ron & Thomas, Ranjeeta, 2015. "Wellbeing over 50," The Journal of the Economics of Ageing, Elsevier, vol. 6(C), pages 68-78.
    15. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.
    16. Herrero, Carmen & Iturbe-Ormaetxe, Inigo & Nieto, Jorge, 1998. "Ranking opportunity profiles on the basis of the common opportunities," Mathematical Social Sciences, Elsevier, vol. 35(3), pages 273-289, May.
    17. Kenji Mori & Shintaro Tamate, 2014. "Pasinetti after Sen: Towards a Capability Approach to Structural Dynamics of Consumption," Metroeconomica, Wiley Blackwell, vol. 65(4), pages 690-716, November.
    18. Antonio Villar Notario, 2001. "Multidimensional Inequality And Social Welfare," Working Papers. Serie AD 2001-30, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bram Driesen, 2016. "Bargaining, conditional consistency, and weighted lexicographic Kalai-Smorodinsky Solutions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(4), pages 777-809, April.
    2. Herrero, Carmen & Maschler, Michael & Villar, Antonio, 1999. "Individual rights and collective responsibility: the rights-egalitarian solution," Mathematical Social Sciences, Elsevier, vol. 37(1), pages 59-77, January.
    3. Ismail Saglam, 2017. "Iterated Kalai–Smorodinsky–Nash compromise," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 40(1), pages 335-349, November.
    4. Marco Mariotii, 1996. "Fair bargains: distributive justice and Nash Bargaining Theory," Game Theory and Information 9611003, University Library of Munich, Germany, revised 06 Dec 1996.
    5. Driesen, Bram, 2012. "Proportional concessions and the leximin solution," Economics Letters, Elsevier, vol. 114(3), pages 288-291.
    6. Youngsub Chun, 2001. "The Separability Principle in Bargaining," Working Paper Series no43, Institute of Economic Research, Seoul National University.
    7. Kıbrıs, Özgür & Tapkı, İpek Gürsel, 2011. "Bargaining with nonanonymous disagreement: Decomposable rules," Mathematical Social Sciences, Elsevier, vol. 62(3), pages 151-161.
    8. Youngsub Chun, 2001. "The Replacement Principle in Bargaining," Working Paper Series no42, Institute of Economic Research, Seoul National University.
    9. Kaminski, Marek M., 2004. "Social choice and information: the informational structure of uniqueness theorems in axiomatic social theories," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 121-138, September.
    10. Chang, Chih & Liang, Meng-Yu, 1998. "A characterization of the lexicographic Kalai-Smorodinsky solution for n=3," Mathematical Social Sciences, Elsevier, vol. 35(3), pages 307-319, May.
    11. Emilio Calvo, 2008. "Random marginal and random removal values," International Journal of Game Theory, Springer;Game Theory Society, vol. 37(4), pages 533-563, December.
    12. Rebelo, S., 1997. "On the Determinant of Economic Growth," RCER Working Papers 443, University of Rochester - Center for Economic Research (RCER).
    13. Ok, Efe A., 1998. "Inequality averse collective choice," Journal of Mathematical Economics, Elsevier, vol. 30(3), pages 301-321, October.
    14. Chun, Youngsub, 2002. "The Converse Consistency Principle in Bargaining," Games and Economic Behavior, Elsevier, vol. 40(1), pages 25-43, July.
    15. Driesen, Bram, 2016. "Truncated Leximin solutions," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 79-87.
    16. Emililo Calvo, 2004. "Single NTU-value solutions," Game Theory and Information 0405004, University Library of Munich, Germany, revised 10 Jun 2004.
    17. Iturbe-Ormaetxe, Inigo & Vazquez, Jorge Nieto, 1996. "A stable and consistent solution to distribution problems," Economics Letters, Elsevier, vol. 50(2), pages 243-249, February.
    18. Clark, Derek, 1995. "Priority setting in health care: An axiomatic bargaining approach," Journal of Health Economics, Elsevier, vol. 14(3), pages 345-360, August.
    19. William Thomson, 2022. "On the axiomatic theory of bargaining: a survey of recent results," Review of Economic Design, Springer;Society for Economic Design, vol. 26(4), pages 491-542, December.
    20. Kaushik Basu, 1996. "Bargaining with set-valued disagreement," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(1), pages 61-74, January.

    More about this item

    Keywords

    D63; C78; Keywords; Capabilities; Functionings; Equitable allocations;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:reecde:v:2:y:1996:i:1:p:69-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.