Games Pythagoreans Play
Donald K. Richter
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Donald K. Richter: Boston College
Public Finance Review, 1977, vol. 5, issue 4, 495-515
Abstract:
This paper critically evaluates the theoretical basis of a variety of welfare change measures. It does this in a unified fashion by examining the basic mathematical framework underlying the consumer's surplus analysis. In particular, the place of Harberger's welfare measure within this basic framework is discussed.
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:5:y:1977:i:4:p:495-515
DOI: 10.1177/109114217700500407
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