Sen's Capability Approach to Welfare Economics
Faculty of Economics
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Kuklys, W., & Robeyns, I. (2004). Sen's Capability Approach to Welfare Economics. https://doi.org/10.17863/CAM.5363
We describe Amartya Sen's Capability Approach to welfare evaluation in the language of standard welfare economics, and assess to what extent it provides a genuine alternative for individual welfare measurement and policy evaluation. We review the nascent empirical literature on the capability approach and assess whether it makes a genuine difference with standard welfare evaluation.
capability approach, welfare economics, welfare measurement, welfarism, Classification-JEL: I31, I32
This record's DOI: https://doi.org/10.17863/CAM.5363