Welfare economics

Antoinette Baujard

Working Papers from HAL

Abstract: This paper presents the Paretian Watershed and the fundamental theorems of welfare economics. It distinguishes the British approach (à la Kaldor-Hicks) from the American approach (à la Bergson-Samuelson) to new welfare economics. It develops the more recent domains of happiness economics, the comparative approach by Amartya Sen, and the theory of fair allocation by Marc Fleurbaey.

Keywords: Welfare economics; Kaldor-Hicks; Social Welfare Function; Pareto; comparative approach; happiness economics; fair allocation (search for similar items in EconPapers)
Date: 2013-11-20
New Economics Papers: this item is included in nep-hap, nep-hpe and nep-pke
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00906907v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Chapter: Welfare economics (2016)
Working Paper: Welfare economics (2016)
Working Paper: Welfare economics (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-00906907

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