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date: 14 November 2019

Abstract and Keywords

This chapter presents the fair social ordering approach to policy assessment. In an economic model, a social ordering function (SOF) associates each economy in the domain with a complete ranking of the allocations. This chapter describes the main achievements of the SOF theory. It presents two applications, which show how SOF’s can be used to evaluate policies. The first application concerns labor income taxation. The second application concerns the measurement of poverty. Finally, This chapter discusses the relationship between the SOF approach and some other approaches to the construction of criteria to evaluate policies.

Keywords: fairness, social ordering function, policy evaluation

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