Potential Welfare Criteria and the Choice of Large Projects.

This note compares project evaluation rules for large projects by Negishi and Harris and points out that the extensions by Harris depend on his implicit weakening of the criterion for potential welfare improvement compared with Negishi's original welfare criterion.

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Year of publication:	1996
Authors:	Tsuneki, A
Institutions:	Institute of Social and Economic Research (ISER), Osaka University
Subject:	DECISION MAKING

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Series:	Osaka - Institute of Social and Economic Research.
Type of publication:	Book / Working Paper
Notes:	7 pages
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005780338