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Improvement indices of well-being

✍ Scribed by Kai-yuen Tsui


Book ID
104652956
Publisher
Springer
Year
1996
Tongue
English
Weight
791 KB
Volume
13
Category
Article
ISSN
0176-1714

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✦ Synopsis


In recent years, various classes of indices measuring the improvement of well-being have been suggested. Formally, an improvement index is a function Q* (xl, x2), where xt is the level of some attribute of well-being, e.g., life expectancy, in period t. This paper extends previous works on improvement indices by introducing a class of multidimensional indices which aggregates the improvement of a group of attributes of well-being. We propose a set of axioms which leads inexorably to a multidimensional generalization of Kakwani's class of improvement indices of well-being (Kakwani 1993).


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