The Pareto Principle: Another View
Warren Samuels
Chapter 18 in Essays on the Methodology and Discourse of Economics, 1992, pp 298-310 from Palgrave Macmillan
Abstract:
Abstract I very much appreciate the opportunity to respond to Jürgen Backhaus’s clever effort to bolster the Pareto principle as the fundamental concept of welfare economics and to finesse its major critiques without doing them complete justice. I find that while I agree, inevitably, with some of what he writes, I disagree with much.
Keywords: Public Choice; Welfare Economic; Power Structure; Legal Change; Pareto Principle (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12371-1_19
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DOI: 10.1007/978-1-349-12371-1_19
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