Journal Article

Minimal relativism, dominance, and standard of living comparisons based on functionings

Prasanta K. Pattanaik and Yongsheng Xu

in Oxford Economic Papers

Volume 59, issue 2, pages 354-374
Published in print April 2007 | ISSN: 0030-7653
Published online April 2007 | e-ISSN: 1464-3812 | DOI: https://dx.doi.org/10.1093/oep/gpl030
Minimal relativism, dominance, and standard of living comparisons based on functionings

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This paper considers the functioning approach to the standard of living. It shows that, in evaluating standards of living, one is faced with deep-rooted tensions between the principle of weak dominance and the principle of minimal relativism, which requires some minimal respect for differences between the evaluations of different individuals and/or the differences between the norms of different communities.

Keywords: JEL classifications: D63; D71; I31

Journal Article.  9307 words.  Illustrated.

Subjects: Economics

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