Bms. Vanpraag et A. Kapteyn, HOW SENSIBLE IS THE LEYDEN INDIVIDUAL WELFARE FUNCTION OF INCOME - REPLY, European economic review, 38(9), 1994, pp. 1817-1825
In this paper we react to Seidl's (1994) critique on the Leyden approa
ch. Our conclusion is that Seidl's critique is ill-founded as a seriou
s critique on the Leyden approach.