{"product_id":"9781137583246","title":"Social Welfare Functions and Development: Measurement and Policy Applications","description":"\u003ch1\u003eSocial Welfare Functions and Development: Measurement and Policy Applications\u003c\/h1\u003e \u003ch2\u003eKakwani, Nanak; Son, Hyun Hwa\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eNanak Kakwani and Hyun Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of development are to have policy relevance, they must be assessed on the basis of the social objectives in question. \u003c\/p\u003e\u003cp\u003eThis study develops indicators that are sensitive to both the level and the distribution of individuals’ capabilities. The idea of the social welfare function, defined in income space, is extended to the concept of the social well-being function, defined in capability space. \u003c\/p\u003e\u003cp\u003eThrough empirical analysis from selected developing countries, with a particular focus on Brazil, the authors shape techniques appropriate to the analysis of development in different dimensions. The focus of this evidence-based policy analysis is to evaluate alternative policies affecting the capacities of people to enjoy a better life.\u003c\/p\u003e\u003cdiv\u003e                      \u003c\/div\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2016-07-19\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9781137583246\u003c\/p\u003e \u003cp\u003eDOI: 10.1057\/978-1-137-58325-3\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 355\u003c\/p\u003e ","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":44752805167244,"sku":"9781137583246","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781137583246.jpg?v=1776697567","url":"https:\/\/lateknightbooks.com\/products\/9781137583246","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}