Any Non-Individualistic Social Welfare Function Violates the Pareto Principle
8 Pages Posted: 18 Apr 2000 Last revised: 9 Oct 2022
Date Written: March 1999
Abstract
The public at large, many policymakers, and some economists hold views of social welfare that attach some importance to factors other than individuals' utilities. This note shows that any such non-individualistic notion of social welfare conflicts with the Pareto principle.
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Economic Analysis of Welfare Economics, Morality and the Law
-
Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle: Reply
By Louis Kaplow and Steven Shavell
-
Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System
By Louis Kaplow and Steven Shavell
-
Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System
By Louis Kaplow and Steven Shavell
-
Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice
By Louis Kaplow and Steven Shavell
-
Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice
By Louis Kaplow and Steven Shavell
-
Principles of Fairness Versus Human Welfare: On the Evaluation of Legal Policy
By Louis Kaplow and Steven Shavell
-
The Conflict between Notions of Fairness and the Pareto Principle
By Louis Kaplow and Steven Shavell
-
The Conflict between Notions of Fairness and the Pareto Principle
By Louis Kaplow and Steven Shavell