A note on welfarist versus non-welfarist social welfare function

Zhiyong An

International Tax and Public Finance, 2024, vol. 31, issue 4, No 6, 1066-1073

Abstract: Abstract In this short paper, we build a simple model where a non-welfarist social welfare function can be transformed into and thus be identical to a welfarist social welfare function in form. Our analysis first suggests that non-welfarist methods of policy assessment can also obey the Pareto principle. More broadly, our analysis is a useful input in thinking rigorously about the formal underpinnings of standard welfare economics.

Keywords: Non-welfarist; Pareto principle; Paternalism; Welfarist (search for similar items in EconPapers)
JEL-codes: D H (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10797-023-09790-0

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