Working paper
Revealed meta-preferences : axiomatic foundations of normative assessments in the capability approach
- Abstract:
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This paper explores the possibility of defining a non-utilitarian normative standard for assessments of welfare and deprivation. The paper contributes to this end in three ways. First, the paper formalises a key aspect of Prof. Sen’s critique of neoclassical welfare economics, regarding the assumption of consistent utility-maximisation in the revealed preference theory. Secondly, the paper explores alternative formulations of the axiom of revealed preferences that are consistent with Prof....
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- Publication status:
- Published
- Peer review status:
- Not peer reviewed
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(Version of record, pdf, 328.5KB)
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Authors
Bibliographic Details
- Publisher:
- Oxford Poverty & Human Development Initiative (OPHI) Publisher's website
- Series:
- OPHI research in progress
- Publication date:
- 2011-01-01
- Paper number:
- 26b
Item Description
- Language:
- English
- Keywords:
- UUID:
-
uuid:118caaf6-0ae4-42f1-a65b-be9fe71fea54
- Local pid:
- ora:9511
- Deposit date:
- 2014-12-04
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Terms of use
- Copyright holder:
- Oxford Poverty & Human Development Initiative
- Copyright date:
- 2011
- Notes:
- Copyright © Oxford Poverty & Human Development Initiative 2011.
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