Multidimensional Well-Being, Deprivation and Inequality

Multidimensional Well-Being, Deprivation and Inequality

Conceptual Issues and Measurement

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This volume explores several aspects of Amartya Sen and Martha Nussbaum's framework for thinking about individual well-being. Called the functioning and capability approach (FCA), this framework radically departs from the conventional approach to the concept of individual well-being in welfare economics insofar as it identifies an individual's well-being as the value attached to the individual's achievements along certain dimensions of life and her freedom to choose a vector of such achievements rather than as the individual's happiness or desire fulfillment.The volume consists of two main par...