Kaplow, Louis; Shavell, Steven - In: Journal of Political Economy 109 (2001) 2, pp. 281-286
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...