Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle
Posted: 20 Apr 1999
Date Written: March 1999
The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist, which is to say that some importance is attached to factors other than individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle.
JEL Classification: D63, H43
Suggested Citation: Suggested Citation