23 Pages Posted: 18 Mar 2002
Date Written: February 2002
Nonwelfarist principles - notably, deontological principles - are often advanced to guide moral decisions. The types of choices addressed by such principles typically seem, on their face, to involve conflicts of interests among individuals. Nevertheless, it can be demonstrated that any nonwelfarist principle will, in some circumstances, favor choices that make all individuals worse off. For a variety of reasons, this conclusion has important implications for moral theories that are understood to support nonwelfarist principles.
Suggested Citation: Suggested Citation
Kaplow, Louis and Shavell, Steven, All Individuals May Be Made Worse Off under Any Nonwelfarist Principle (February 2002). Harvard Law and Economics Discussion Paper No. 350. Available at SSRN: https://ssrn.com/abstract=304385 or http://dx.doi.org/10.2139/ssrn.304385