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Amartya Sen's Capability Approach
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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 she can actually do or be, her capabilities. In Chapters 1 and 2, Kuklys describes the capability approach from a standard welfare economic point of view and provides a comprehensive literature review of the empirical applications in this area of research. In the remaining chapters, novel econometric techniques are employed to operationalise the concepts of functionings and capability to investigate inequality and poverty in terms of capability in the UK. Kuklys finds that capability measurement is always a useful complement to traditional monetary analysis, and particularly so in the case of capability-deprived disabled individuals.
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 she can actually do or be, her capabilities. In Chapters 1 and 2, Kuklys describes the capability approach from a standard welfare economic point of view and provides a comprehensive literature review of the empirical applications in this area of research. In the remaining chapters, novel econometric techniques are employed to operationalise the concepts of functionings and capability to investigate inequality and poverty in terms of capability in the UK. Kuklys finds that capability measurement is always a useful complement to traditional monetary analysis, and particularly so in the case of capability-deprived disabled individuals.
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Inside This Book
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Key Phrases - Capitalized Phrases (CAPs):
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Author Datasets Functionings Main Findings, Chiappero Martinetti, Estimating the Capability Set, Gender Men, Housing Condensation, Human Development Index, Monetary Approach, Ruggeri Laderchi, Policy Conclusions Functionings Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Author Datasets Functionings Main Findings, Chiappero Martinetti, Estimating the Capability Set, Gender Men, Housing Condensation, Human Development Index, Monetary Approach, Ruggeri Laderchi, Policy Conclusions Functionings Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 35
books:
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- Interpersonal Comparisons of Well-Being (Studies in Rationality and Social Change) by Jon Elster in Back Matter (1), Back Matter (2), and Back Matter (3)
- Welfare Economics (Oxford in India Readings : Themes in Economics) by Bhaskar Dutta on page 12, Back Matter (1), and Back Matter (2)
- Handbook of Income Distribution (Handbooks in Economics) by F. Bourguignon in Back Matter (1), and Back Matter (2)
- The Quality of Life (Studies in Development Economics) by Martha Nussbaum in Back Matter (1), and Back Matter (2)
- Democratic Legitimacy (Routledge Studies in Social and Political Thought) by Fabienne Peter in Back Matter (1), and Back Matter (2)
See all 35 books this book cites
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