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Oxford Economic Papers Advance Access published online on January 6, 2007
Oxford Economic Papers, doi:10.1093/oep/gpl030
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© Oxford University Press 2007 All rights reserved

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

Prasanta K. Pattanaik* and Yongsheng Xu{dagger}

*Department of Economics, University of California, Riverside, CA 92521, USA; e-mail: prasanta.pattanaik{at}ucr.edu
{dagger}Georgia State University USA, and Central University of Finance and Economics, China.


  Abstract

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.

Key Words: JEL classifications: D63 • D71 • I31


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