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The measurement of resilience

Author

Listed:
  • Geir B. Asheim

    (University of Oslo, Norway)

  • Walter Bossert

    (University of Montreal, Canada)

  • Conchita D’Ambrosio

    (University of Luxembourg, Luxembourg)

  • Claus Vogele

    (University of Luxembourg, Luxembourg)

Abstract

We provide an axiomatic approach to the measurement of individual resilience. Resilience has been an increasingly important topic in many social sciences but, as of now, there does not seem to be much literature on its theoretical foundations. This paper is intended to fill that gap. After an introduction to the notion of resilience and its possible determinants, we introduce a set of intuitively appealing properties that a resilience measure is required to possess. Our result is a characterization of the specific resilience ordering that satisfies these axioms.

Suggested Citation

  • Geir B. Asheim & Walter Bossert & Conchita D’Ambrosio & Claus Vogele, 2019. "The measurement of resilience," Working Papers 486, ECINEQ, Society for the Study of Economic Inequality.
    • Handle: RePEc:inq:inqwps:ecineq2019-486
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    References listed on IDEAS

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    Cited by:

    1. Alcalde-Unzu, Jorge & Moreno-Ternero, Juan D. & Weber, Shlomo, 2022. "The measurement of the value of a language," Journal of Economic Theory, Elsevier, vol. 203(C).
    2. Ricardo Martínez & Juan D Moreno Ternero, 2021. "Pandemic performance," ThE Papers 21/09, Department of Economic Theory and Economic History of the University of Granada..
    3. David W. Johnston & Claryn S. J. Kung & Michael A. Shields, 2021. "Who is resilient in a time of crisis? The importance of financial and non‐financial resources," Health Economics, John Wiley & Sons, Ltd., vol. 30(12), pages 3051-3073, December.
    4. Martínez, Ricardo & Moreno-Ternero, Juan D., 2022. "An axiomatic approach towards pandemic performance indicators," Economic Modelling, Elsevier, vol. 116(C).
    5. Etilé, Fabrice & Frijters, Paul & Johnston, David W. & Shields, Michael A., 2020. "Psychological Resilience to Major Socioeconomic Life Events," IZA Discussion Papers 13063, Institute of Labor Economics (IZA).
    6. Moreno-Ternero, Juan D. & Platz, Trine Tornøe & Østerdal, Lars Peter, 2023. "QALYs, DALYs, and HALYs: A unifying framework for the evaluation of population health," Journal of Health Economics, Elsevier, vol. 87(C).
    7. Etilé, Fabrice & Frijters, Paul & Johnston, David W. & Shields, Michael A., 2021. "Measuring resilience to major life events," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 598-619.

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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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