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Measuring Social Welfare最新文献

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Research Frontiers 研究前沿
Measuring Social Welfare Pub Date : 2019-11-21 DOI: 10.1093/oso/9780190643027.003.0008
M. Adler
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引用次数: 0
Measuring Well-Being 衡量幸福
Measuring Social Welfare Pub Date : 2019-11-21 DOI: 10.1093/oso/9780190643027.003.0003
M. Adler
{"title":"Measuring Well-Being","authors":"M. Adler","doi":"10.1093/oso/9780190643027.003.0003","DOIUrl":"https://doi.org/10.1093/oso/9780190643027.003.0003","url":null,"abstract":"This chapter discusses the well-being measure: a key component of the social welfare function (SWF) framework. This measure, w(·), assigns well-being numbers to individuals in outcomes so as to reflect admissible well-being comparisons (of well-being levels and/or well-being differences). In order for the SWF framework to function, these admissible comparisons must include interpersonal as well as intrapersonal comparisons; the chapter explains why. It then shows how von Neumann/Morgenstern (vNM) utility functions can be used to construct an interpersonally comparable well-being measure that respects individual preferences. A different preference-based well-being measure, the equivalent-income measure, is also reviewed. Although the preference view of well-being is dominant in the SWF literature, w(·) may instead be based upon a non-preference view of well-being, such as an hedonic or objective-good account. The chapter concludes by considering why some economists have been skeptical about interpersonal comparisons.","PeriodicalId":351353,"journal":{"name":"Measuring Social Welfare","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121650239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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