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Commodities and Capabilities

9780195650389
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Commodities and Capabilities presents a set of inter-related theses concerning the foundations of welfare economics, and in particular about the assessment of personal well-being and advantage. The argument presented focuses on the capability to function, i.e. what a person can do or can be, questioning in the process the more standard emphasis on opulence or on utility. In fact, a person's motivation behind choice is treated here as a parametric variable which may or may not coincide with the pursuit of self-interest. Given the large number of practical problems arising from the roles and limitations of different concepts of interest and the judgement of advantage and well-being, this scholarly investigation is both of theoretical interest and practical import.

Cover:
Paperback
Edition Number:
1
ISBN:
9780195650389
Pages:
102
Author:
Sen Amartya
Publisher:
OXFORD UNIVERSITY PRESS
Release Year:
1999

Amartya Sen, Professor, Trinity College, Cambridge

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