Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
969778 | Journal of Public Economics | 2011 | 6 Pages |
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.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Gordon Anderson, Ian Crawford, Andrew Leicester,