Kuklys, Wiebke; Robeyns, Ingrid - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
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...