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Pareto-Efficiency from Pareto to Contemporary Economics

Irène Berthonnet ()
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Irène Berthonnet: University Paris Diderot - LADYSS

History of Economic Ideas, 2016, vol. 24, issue 3, 165-186

Abstract: The paper focuses on the history of the integration of the Pareto-efficiency concept inside contemporary neoclassical economics. Its main objective is to cast light on the epistemological debates surrounding the exact scope of the criterion which took place all along the 20th century. Those debates are dealt with through the question of the successive names given to the Paretian criterion initially named a maximum of ophelimity.

Date: 2016
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Handle: RePEc:hid:journl:v:24:y:2016:3:8:p:165-186