Commodities and Capabilities

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.

Author: Amartya Sen
Publisher: Oxford University Press, USA
Published: 09/09/1999
Pages: 104
Binding Type: Paperback
Weight: 0.24lbs
Size: 8.44h x 5.46w x 0.26d
ISBN13: 9780195650389
ISBN10: 0195650387
BISAC Categories:
- Business & Economics | Investments & Securities | Commodities | General
- Business & Economics | Economics | Theory
- Business & Economics | Development | Economic Development