• ISBN13: 9780195650389
• Binding: Paperback
• Subject: Economics
• Publisher: Oxford UP
• Publisher Imprint: Oxford UP
• Publication Date: June 16, 1999
• Pages: 104
• Original Price: INR 245.0
• Language: English
• Edition: N/A
• Item Weight: 112 grams

About the Book Commodities and Capabilities presents a set of inter-related theses concerning the foundations of welfare economics, and in particular about the assessment of personal well-being and advantage. The argument presented focuses on the capability to function, i.e. what a person can do or can be, questioning in the process the more standard emphasis on opulence or on utility. In fact, a person's motivation behind choice is treated here as a parametric variable which may or may not coincide with the pursuit of self-interest. Given the large number of practical problems arising from the roles and limitations of different concepts of interest and the judgement of advantage and well-being, this scholarly investigation is both of theoretical interest and practical import. About the Author Amartya Sen</b>, born in 1933, is an Indian Nobel laureate, economist and philosopher in 1998, he was awarded the Nobel Memorial Prize in Economic Sciences and in 1999, was honoured with the Bharat Ratna. Sen has written Poverty and Famines, on Ethics and Economics and Freedom, Rationality and Social Choice. This Nobel laureate is a Professor of Economics and Philosophy at Harvard University and also the chancellor of Nalanda University, India.Sen studied at Visva - Bharati University School in Shantiniketan and later earned a BA in Economics from Presidency College, Kolkata. He joined Trinity College, Cambridge in 1953 and completed his second BA degree in Economics in 1955. He was awarded the Order of the Companions of Honour, UK in 2000 and was made a Commander of the French Legion of Honour in 2013.