Amartya Sen's Capability Approach Theoretical Insights and Empirical Applications /

• Main Author: Kuklys, Wiebke (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2005.
• Series: Studies in Choice and Welfare,
• Subjects: Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.

Kuklys examines how Nobel Prize-winning economist Amartya Sen’s approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individual’s welfare should not be measured in terms of her income, but in terms what...

Table of Contents:

• Sen's Capability Approach to Welfare Economics
• The Measurement of Functionings Achievement: Structural Equation Models as an Alternative
• Functionings-Based vs. Income-Based Inequality Measures: Informational Content and Robustness
• A Monetary Approach to Capability Measurement of the Disabled in the UK.