Journal article
Welfare rankings from multivariate data, a nonparametric approach.
- Abstract:
- Economic and social welfare is inherently multidimensional. However, choosing a measure which combines several indicators is difficult and may have unintendend and undesirable effects on the incentives of policy makers. We develop a nonparametric empirical method for deriving welfare rankings for a social planner based on data envelopment, which avoids the need to specify a weighting scheme. We apply this method to data on Human Development.
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- Publisher copy:
- 10.1016/j.jpubeco.2010.08.003
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Authors
Bibliographic Details
- Publisher:
- Elsevier
- Journal:
- Journal of Public Economics
- Volume:
- 95
- Issue:
- 3-4
- Pages:
- 247 - 252
- Publication date:
- 2011-04-01
- DOI:
- ISSN:
-
0047-2727
Item Description
- Language:
- English
- UUID:
-
uuid:6d9af318-bb33-4406-a2aa-8aa3a4076140
- Local pid:
- oai:economics.ouls.ox.ac.uk:14969
- Deposit date:
- 2011-08-16
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Terms of use
- Copyright date:
- 2011
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