Hierarchy of Needs and the Measurement of Poverty and Standards of Living

The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. This title is...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Deutsch, Joseph, Silber, Jacques
Format: Online
Sprache:Englisch
Veröffentlicht: Cambridge University Press 2024
Schlagworte:
Online-Zugang:ONIX_20240830_9781009358200_26
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Beschreibung
Zusammenfassung:The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. This title is also available as Open Access on Cambridge Core.