Inequality, Poverty and Well-being

MUHAMMAD AKMAL Economist, Australian Bureau of Agriculture and Resource Economics, AustraliaF. J. ARCELUS Professor Emeritus, University of New Brunswick, CanadaCHARLES BLACKORBY Professor of Economics, University of Warwick, UKWALTER BOSSERT Professor of Economics and CIREQ Research Fellow, University of Montreal, CanadaSATYA R. CHAKRAVARTY Professor of Economics, Indian Statistical Institute, IndiaALAIN CHATEAUNEUF Professor in Mathematics, University of Paris 1 Panthéon-Sorbonne, FranceDAVID DONALDSON Professor Emeritus of Economics, University of British Columbia, CanadaSTEVEN DOWRICK Professor of Economics, Australian National University, AustraliaGARY S. FIELDS Professor, Cornell University, USAAMITA MAJUMDER Professor of Economics, Indian Statistical Institute, IndiaANDREA MORONE Post-doctoral Researcher, University of Bari, ItalyPATRICK MOYES Director of Research, Center National de la Recherche Scientifique in Economics, FranceCHRISTIAN SEIDL Professor of Economics, University of Kiel, GermanyBASU SHARMA Professor, University of New Brunswick, CanadaG. SRINIVASAN Professor of Finance, University of New Brunswick, CanadaS. SUBRAMANIAN Professor, Madras Institute of Development Studies, IndiaSTEFAN TRAUB Assistant Professor of Economics, University of Kiel, GermanyOSMAN ZAIM Associate Professor of Economics, Bilkent University, Turkey

• List of Figures List of Tables Acknowledgements Notes on the Contributors List of Abbreviations and Acronyms Inequality, Poverty and Well-being; M.McGillivray Population Ethics and the Value of Life; C.Blackorby, W.Bossert & D.Donaldson A Non-Welfarist Approach to Inequality Measurement; A.Chateauneuf & P.Moyes Relative Deprivation, Personal Income Satisfaction and Average Well-being under Different Income Distributions; An Experimental Investigation; C.Seidl, A.Morone & S.Traub Contradictory Trends in Global Income Inequality: A Tale of Two Biases; S.Dowrick & M.Akmal The Many Facets of Economic Mobility; G.S.Fields Social Groups and Economic Poverty: A Problem in Measurement; S.Subramanian Intersociety Literacy Comparisons; S.R.Chakravarty & A.Majumder The Human Development Index Adjusted for Efficient Resource Utilization; F.J.Arcelus, B.Sharma & G.Srinivasan A Framework for Incorporating Environmental Indicators to the Measurement of Human Well-Being; O.Zaim Measuring non-Economic Well-being Achievement; M.McGillivray Index

'Mark McGillivray conducts a very useful and sobering econometric exercise that allows him to compute the predictive value of a whole host of well-being indicators for the part of (composite) well-being not explained by per capita income...' - Arjan Verschoor, Journal of Development Studies'Remarkable not just for tackling difficult conceptual and methodological issues but for [its] content, scope and coverage which touches upon most, if not all, of the central topics and emerging issues in well-being research highly recommended' - David A. Clark, Journal of Human Development