Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle
The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist. That is, they attach some importance to factors other than the effects of policies on individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle.
Year of publication: |
2001
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Authors: | Kaplow, Louis ; Shavell, Steven |
Published in: |
Journal of Political Economy. - University of Chicago Press. - Vol. 109.2001, 2, p. 281-286
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Publisher: |
University of Chicago Press |
Saved in:
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