Download e-book for iPad: Amartya Sen's Capability Approach: Theoretical Insights and by Wiebke Kuklys

By Wiebke Kuklys

Kuklys examines how Nobel Prize-winning economist Amartya Sen’s method of welfare size should be installed perform for poverty and inequality dimension in prosperous societies akin to the united kingdom. Sen argues that an individual’s welfare shouldn't be measured by way of her source of revenue, yet in phrases what she will be able to really do or be, her functions. In Chapters 1 and a couple of, Kuklys describes the potential process from a customary welfare financial standpoint and offers a accomplished literature evaluation of the empirical purposes during this region of analysis. within the final chapters, novel econometric concepts are hired to operationalise the strategies of functionings and potential to enquire inequality and poverty by way of potential within the united kingdom. Kuklys reveals that potential size is usually an invaluable supplement to conventional financial research, and especially so in relation to capability-deprived disabled individuals.

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Additional info for Amartya Sen's Capability Approach: Theoretical Insights and Empirical Applications

Sample text

We will call this latter difference in conversion factors the heterogeneity of needs. In line with the capability approach, we will assume that this difference is relevant for social welfare evaluation. At present, extensions of the basic model sometimes allow for differences in utility functions across individuals. However, since these utility functions are denned over goods, they confuse differences in the utility function with differences in the conversion function. In other words, these extensions conflate preferences with needs.

She proposes that the selection of functionings or capabilities be structured along a number of methodological criteria. These criteria require making the selection as explicit as possible, justifying the selection method used, making the selection sensitive to the context, distinguishing between different levels of generality, and achieving a selection of functionings which is as complete as possible. If the capability approach is not applied to the analysis of a large data set (for example a country-wide assessment of individual welfare), but instead is focussed on a local situation with few affected individuals, then participatory methods can be used, as has been done by Alkire [2].

We will call this latter difference in conversion factors the heterogeneity of needs. In line with the capability approach, we will assume that this difference is relevant for social welfare evaluation. At present, extensions of the basic model sometimes allow for differences in utility functions across individuals. However, since these utility functions are denned over goods, they confuse differences in the utility function with differences in the conversion function. In other words, these extensions conflate preferences with needs.

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