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An Efficiency Approach to the Evaluation of Policy Changes Author info | Abstract | Publisher info | Download info | Related research | Statistics Coate, Stephen
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This paper describes an efficiency approach to the evaluation of policy changes. Rather than comparing the utility allocations that arise before and after a policy change is introduced, this approach evaluates a policy change by comparing it with other possible changes which might be made from the status quo. The main merit of the approach is that it is founded on the Pareto criterion rather than on a distributional value judgment. The paper provides a precise statement of the approach and applies it to a number of examples. Some objections to the approach are also anticipated and discussed.
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Article provided by Royal Economic Society in its journal The Economic Journal .
Volume (Year): 110 (2000)
Issue (Month): 463 (April)
Pages: 437-55
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Handle: RePEc:ecj:econjl:v:110:y:2000:i:463:p:437-55Contact details of provider: Web page: http://www.res.org.uk/ More information through EDIRC
Order Information: Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Walter Hettich & Stanley L. Winer, 2000.
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Mertens, Jean-Franois & Rubinchik, Anna, 2008.
"Intergenerational equity and the discount rate for cost-benefit analysis ,"
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