Extended sympathy

Extended sympathy in welfare economics refers to interpersonal value judgments of the form that social state x for person A is ranked better than, worse than, or as good as social state y for person B (Arrow, 1963, pp. 114-15). (For example: it would, perhaps, be preferable to lower a wealthy person's income in order to increase a poorer person's income by the same amount.) Here any characteristics that define each person (skills, aptitudes, etc.) are distinguished from the rest of the social state and put on a par with conventional measures of wealth insofar as they affect an extended sympathy judgment.

Extended sympathy

Extended sympathy in welfare economics refers to interpersonal value judgments of the form that social state x for person A is ranked better than, worse than, or as good as social state y for person B (Arrow, 1963, pp. 114-15). (For example: it would, perhaps, be preferable to lower a wealthy person's income in order to increase a poorer person's income by the same amount.) Here any characteristics that define each person (skills, aptitudes, etc.) are distinguished from the rest of the social state and put on a par with conventional measures of wealth insofar as they affect an extended sympathy judgment.