Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle

Louis Kaplow and Steven Shavell

Journal of Political Economy, 2001, vol. 109, issue 2, 281-286

Abstract: 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 assessment violates the Pareto principle.

Date: 2001
References: View complete reference list from CitEc
Citations: View citations in EconPapers (118)

Downloads: (external link)
http://dx.doi.org/10.1086/319553 main text (application/pdf)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jpolec:v:109:y:2001:i:2:p:281-286

Access Statistics for this article

More articles in Journal of Political Economy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().