Capabilities for the Miserable; Happiness for the Satisfied

Arbeitspapier

The aim of this paper is to explain the process of diversification of normative economics by presenting the work of two authors: Tibor Scitovsky [1910-2002] and Amartya Sen [1933-]. While these two authors first contributed to traditional welfare analysis from within, they were subsequently involved in the development of two different, and even opposed, programs: the economics of happiness and the capability approach. They focused on different concepts of well-being: the "joy" of satisfied consumers for Scitovsky, and the "capabilities" of deprived individuals for Sen. In imposing new theoretical frameworks, applications, as well as new concepts of well-being, which are measureable, the capability approach and the economics of happiness represent two major attempts to renew normative economic analysis.

Objekt anzeigen

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CHOPE Working Paper ; No. 2011-05

Klassifikation und Themen

• Klassifikation: Wirtschaft ; History of Economic Thought since 1925: General ; History of Economic Thought: Individuals ; Welfare, Well-Being, and Poverty: General
• Thema: capabilities ; happiness ; Tibor Scitovsky ; Amartya Sen ; welfare economics

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Edwards, José M. ; Pellé, Sophie
• Ereignis: Veröffentlichung
• (wer): Duke University, Center for the History of Political Economy (CHOPE)
• (wo): Durham, NC
• (wann): 2011

Weitere Informationen

• Handle: http://hdl.handle.net/10419/149681