The standard of living of an agent is viewed as her capability of achieving various functionings (Sen, 1985, 1987). The agent is thus characterized by her capability set that consists of different ...
Journal of Political Economy, Vol. 81, No. 2, Part 1 (Mar. - Apr., 1973), pp. 386-400 (15 pages) An argument by Buchanan that the criterion of Pareto optimality is of little value when used solely ...