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Objective measures of well-being and the cooperative production problem

Author

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  • FrÊdÊric Gaspart

    (FUNDP Namur, 8, Rempart de la Vierge, B-5000 Namur, Belgium)

Abstract

The concern for measuring well-being objectively (as opposed to subjectively, that is, relying only on preferences) is found in modern political philosophy, especially in J. Rawls's, A. Sen's and G. Cohen's writings. This paper explains the implications of using an objective well-being index as equalisandum or, close to the so-called "safety net preoccupation", to guarantee a well-being lower bound. In the simple production model studied here, five characterization results and two related theorems prove the convergence of both approaches. We come to the conclusion that the Proportional Solution is the dominant solution according to "objectivist" axioms.

Suggested Citation

  • FrÊdÊric Gaspart, 1997. "Objective measures of well-being and the cooperative production problem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 15(1), pages 95-112.
    • Handle: RePEc:spr:sochwe:v:15:y:1997:i:1:p:95-112
    Note: Received: 5 September 1994/Accepted: 29 June 1996
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    Cited by:

    1. Thomson, William, 2011. "Chapter Twenty-One - Fair Allocation Rules," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 2, chapter 21, pages 393-506, Elsevier.
    2. Maria Ana Lugo & Koen Decancq, 2009. "Measuring Inequality of Well-Being with a Correlation-Sensitive Multidimensional Gini Index," Economics Series Working Papers 459, University of Oxford, Department of Economics.
    3. Yoshihara, Naoki, 1998. "Characterizations of the public and private ownership solutions," Mathematical Social Sciences, Elsevier, vol. 35(2), pages 165-184, March.
    4. Schokkaert, Erik & Van de gaer, Dirk & Vandenbroucke, Frank & Luttens, Roland Iwan, 2004. "Responsibility sensitive egalitarianism and optimal linear income taxation," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 151-182, September.
    5. Andrews, Gavin J. & Chen, Sandra & Myers, Samantha, 2014. "The ‘taking place’ of health and wellbeing: Towards non-representational theory," Social Science & Medicine, Elsevier, vol. 108(C), pages 210-222.

    More about this item

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other

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