Abstract
An attempt to deal with individual welfare functions seems appropriate in this volume. As early as 1951, Arrow summarized some other scholars’ views on individual welfare functions (Arrow 1951, p. 5). In contrast with Arrow’s pathbreaking theoretical work, this chapter will deal with some attempts to empirically specify individual welfare functions. These attempts are close to Levy and Guttman (1975) (which mentions Guttman’s previous work (1971)), and to van Praag (1971), which was followed by an impressive quantity of further empirical work by himself and his pupils.
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References
Arrow, K. J. (1951) Social Choice and Individual Values (New York: Wiley).
Guttman, L. (1971) ‘Social Problem Indicators’, Annals of the American Academy of Political Social Science, 393: 40–6.
Hartog, J. (1981) Personal Income Distributions: A Multicapability Theory (The Hague: Martinus Nijhoff).
Levy, S. and L. Guttman (1975) ‘On the Multivariate Structure of Well-being’, Social Indicators Research, 2: 361–88.
Tinbergen, J. (1956) ‘On the Theory of Income Distribution’, Weltwirtschaft-liches Archiv 77: 155–75. (Some algebraic errors have been discovered and corrected by Paul van Batenburg and a text has been accepted for publication in Weltwirtschaftliches Archiv.)
van Praag, B. M. S. (1971) ‘The Welfare Function of Income in Belgium, an Empirical Investigation’, European Economic Review, 4: 33–62. (See many more recent publications, several of them quoted in Report 81.14 of the Center for Research in Public Economics, University of Leiden)
Zanders, H. L. G., A. L. J. van Büchem and J. J. C. van Berkel (1977) Kwaliteit van Arbeid, Tilburg University, Instituut voor Arbeidsmarkt-onderzoek.
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© 1987 George R. Feiwel
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Tinbergen, J. (1987). The Tension Theory of Welfare. In: Feiwel, G.R. (eds) Arrow and the Foundations of the Theory of Economic Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07357-3_16
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DOI: https://doi.org/10.1007/978-1-349-07357-3_16
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