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Social Welfare when Needs Differ: An Axiomatic Approach

Social Welfare when Needs Differ: An Axiomatic Approach If the social welfare of households of different demographic type has to be evaluated, we observe considerable disagreement about the way the composition of households is to be taken into account. This paper makes an attempt to differentiate some of the various approaches. It deals with four methods. In order to make their normative content transparent, an axiomatic approach is employed. The methods are completely characterized and some of their implications are demonstrated. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economica Wiley

Social Welfare when Needs Differ: An Axiomatic Approach

Economica , Volume 64 (254) – May 1, 1997

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Publisher
Wiley
Copyright
The London School of Economics and Political Science 1997
ISSN
0013-0427
eISSN
1468-0335
DOI
10.1111/1468-0335.00075
Publisher site
See Article on Publisher Site

Abstract

If the social welfare of households of different demographic type has to be evaluated, we observe considerable disagreement about the way the composition of households is to be taken into account. This paper makes an attempt to differentiate some of the various approaches. It deals with four methods. In order to make their normative content transparent, an axiomatic approach is employed. The methods are completely characterized and some of their implications are demonstrated.

Journal

EconomicaWiley

Published: May 1, 1997

There are no references for this article.