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Individual well-being depends not only on income but also on other dimensions of life, such as health, the quality of social relations and of the environment, employment, and job satisfaction. In this chapter we survey the economic literature on how to construct such overall measures of...
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Fleurbaey, Hagnere and Trannoy (2003) develop a bounded dominance test to make robust welfare comparisons, which is intermediate between Ebert's (1999) cardinal dominance criterion - generalized Lorenz dominance applied to household incomes, divided and weighted by an equivalence scale - and...
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