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Interpersonal Comparisons and the Evaluation of Alternative Social States


Andres Fernando Casas


Universidad del Rosario - Minister of Education

Darwin F. Cortes


Universidad del Rosario

Luis F. Gamboa


Universidad Carlos III de Madrid - Department of Economics


Revista de Economia Institucional, Vol. 5, No. 8, 2003

Abstract:     
This document outlines the basic concepts of economic theory that are used to evaluate alternative social states, based on the formulation of a social welfare function that either permits or denies interpersonal comparisons of utility. Specially, it shows different approaches of old and new welfare economics. And concludes that Amartya Sen's contribution to the concept of welfare as functioning and of justice as capacity to choose among different functionings, makes it possible to consider agents differently and to evaluate alternative options of life conditions.

Number of Pages in PDF File: 14

Keywords: welfare economics, alternative social states, interpersonal comparisons

JEL Classification: D60, D63, I39

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Date posted: May 3, 2005  

Suggested Citation

Casas, Andres Fernando , Cortes, Darwin F. and Gamboa, Luis F., Interpersonal Comparisons and the Evaluation of Alternative Social States . Revista de Economia Institucional, Vol. 5, No. 8, 2003. Available at SSRN: http://ssrn.com/abstract=702603

Contact Information

Andres Fernando Casas (Contact Author)
Universidad del Rosario - Minister of Education ( email )
Casa Pedro Fermín
Calle 14 # 4-69
Bogota
Colombia
Darwin F. Cortes
Universidad del Rosario ( email )
Bogota
Colombia
Luis F. Gamboa
Universidad Carlos III de Madrid - Department of Economics ( email )
Calle Madrid 126
Getafe, 28903
Spain
Feedback to SSRN (Beta)


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