Table of Contents

Part I Ethics, Normative Economics and Welfare
1: John Broome: Why Economics Needs Ethical Theory
2: S. R. Osmani: The Sen System of Social Evaluation
3: Edmund S. Phelps: The Good Life and the Good Economy: The Humanist Perspective of Aristotle, the Pragmatists and Vitalists, and the Economic Justice of John Rawls
4: Mozaffar Qizilbash: The Adaptation Problem, Evolution and Normative Economics
5: T. M. Scanlon: Rights and Interests
6: Arjun Sengupta: Elements of a Theory of the Right to Development
Part II Agency, Aggregation and Social Choice
7: Walter Bossert and Kotaro Suzumura: Rational Choice on General Domains
8: Bhaskar Dutta: Some Remarks on the Ranking of Infinite Utility Streams
9: Wulf Gaertner and Yongsheng Xu: Individual Choices in a Non-Consequentialist Framework: A Procedural Approach
10: Satish K. Jain: The Method of Majority Decision and Rationality Conditions
11: Isaac Levi: Convexity and Separability in Representing Consensus
12: Prasanta K. Pattanaik: Rights, Individual Preferences, and Collective Rationality
13: Kevin Roberts: Irrelevant Alternatives
14: Maurice Salles: Limited Rights and Social Choice Rules
15: Alain Trannoy and John A. Weymark: Dominance Criteria for Critical-Level Generalized Utilitarianism
Part III Poverty, Capabilities and Measurement
16: Paul Anand, Cristina Santos, and Ron Smith: The Measurement of Capabilities
17: Sudhir Anand, Christopher Harris, and Oliver Linton: On UltraPoverty
18: Francois Bourguignon and Satya R. Chakravarty: Multidimensional Poverty Orderings: Theory and Applications
19: James E. Foster and Christopher Handy: External Capabilities
20: Martin Ravallion: On the Welfarist Rationale for Relative Poverty Lines
21: Ingrid Robeyns: Justice as Fairness and the Capability Approach
22: Anthony Shorrocks and Guanghua Wan: Ungrouping Income Distributions: Synthesising Samples for Inequality and Poverty Analysis
23: S. Subramanian: A Practical Proposal for Simplifying the Measurement of Income Poverty
Part IV Identity, Collective Action and Public Economics
24: Sabina Alkire: Concepts and Measures of Agency
25: Kwame Anthony Appiah: Sen's Identities
26: A. B. Atkinson: Welfare Economics and Giving for Development
27: Rajat Deb, Indranil K. Ghosh, and Tae Kun Seo: Justice, Equity and Sharing the Cost of a Public Project
28: Peter Hammond: Isolation, Assurance and Rules: Can Rational Folly Supplant Foolish Rationality?
29: Joseph E. Stiglitz: Simple Formulae for Optimal Income Taxation and the Measurement of Inequality: An Essay in Honor of Amartya Sen

About the Author

Kaushik Basu is Professor of Economics and the C. Marks Professor of International Studies, Department of Economics, and Director, Center for Analytic Economics, Cornell University. He has held visiting positions at CORE (Louvain-la-Neuve, Belgium), the Institute for Advanced Study (Princeton), and the London School of Economics, where he was Distinguished Visitor in 1993. He has been Visiting Professor at Harvard University, Princeton University, and M.I.T. In
1992 he founded the Centre for Development Economics in Delhi and was its first Executive Director. He is also a founding member of the Madras School of Economics. A Fellow of the Econometric Society and
a recipient of the Mahalanobis Memorial Memorial Award for contributions to economics, Kaushik Basu has published widely in the areas of Development Economics, Industrial Organization, Game Theory and Welfare Economics. Ravi Kanbur is T. H. Lee Professor of World Affairs, International Professor of Applied Economics and Management, and Professor of Economics at Cornell University. He holds a bachelor's degree in economics from the University of Cambridge and a doctorate in economics from the
University of Oxford. He has taught at the Universities of Oxford, Cambridge, Essex, Warwick, Princeton and Columbia.

Ravi Kanbur has served on the staff of the World Bank, as Economic Adviser, Senior Economic Adviser, Resident Representative in Ghana, Chief Economist of the African Region of the World Bank, and Principal Adviser to the Chief Economist of the World Bank. He has also served as Director of the World Bank's World Development Report.

Professor Kanbur's main areas of interest are public economics and development economics. His work spans conceptual, empirical, and policy analysis. He is particularly interested in bridging the worlds of rigorous analysis and practical policy making.