Arbeitspapier

Life quantity, life quality and longevity: An intertemporal social evaluation framework

The evaluation of development processes and of public policies often involves comparisons of social states in which populations differ in size and longevity. This requires social evaluation principles to be sensitive to both the number and the length of lives. This paper explores the use of axiomatic and welfarist principles to assess social welfare in that framework. It attempts to overcome some of the limits of existing methods in the literature, in particular by avoiding a temporal repugnant conclusion, by neither penalizing nor favoring life fragmentation, and by satisfying critical-level temporal consistency. It does this by characterizing a critical-level lifetime utility function that values life periodically. To address some of the controversies on discounting utilities across time, two alternative versions of the function are developed, one with discounting and one without.

Language
Englisch

Bibliographic citation
Series: FERDI Working Paper ; No. P79

Classification
Wirtschaft
Mathematical Methods
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Value of Life; Forgone Income

Event
Geistige Schöpfung
(who)
Duclos, Jean-Yves
Housseini, Bouba
Event
Veröffentlichung
(who)
Fondation pour les études et recherches sur le développement international (FERDI)
(where)
Clermont-Ferrand
(when)
2013

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Duclos, Jean-Yves
  • Housseini, Bouba
  • Fondation pour les études et recherches sur le développement international (FERDI)

Time of origin

  • 2013

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