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Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle

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Author Info
Louis Kaplow
Steven Shavell

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Abstract

The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist. That is, they attach some importance to factors other than the effects of policies on individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 109 (2001)
Issue (Month): 2 (April)
Pages: 281-286
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Handle: RePEc:ucp:jpolec:v:109:y:2001:i:2:p:281-286

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  1. Jordahl, Henrik & Micheletto, Luca, 2002. "Optimal Utilitarian Taxation and Horizontal Equity," Ratio Working Papers 17, The Ratio Institute. [Downloadable!]
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  2. Luiz Freitas & Jeffrey Wagner, 2007. "Capturing moral economic context," Economics Bulletin, Economics Bulletin, vol. 4(14), pages 1-10. [Downloadable!]
  3. Langlais, Eric, 2009. "les criminels aiment-ils le risque ?
    [Are criminals risk-seeking individulas ?]    ," MPRA Paper 14892, University Library of Munich, Germany. [Downloadable!]
  4. Garoupa, Nuno & Stephen, Frank, 2003. "A Note on Optimal Law Enforcement with Legal Aid," CEPR Discussion Papers 4113, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  5. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Louis Kaplow, 2003. "Concavity of Utility, Concavity of Welfare, and Redistribution of Income," NBER Working Papers 10005, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Louis Kaplow, 2008. "Optimal Policy with Heterogeneous Preferences," NBER Working Papers 14170, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Naoki Yoshihara, 2007. "On Non-welfarist Social Ordering Functions," Discussion Paper Series a497, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  10. Eric Langlais, 2008. "On the Ambiguous Effects of Repression," EconomiX Working Papers 2008-40, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
  11. Mingli Zheng & Sajid Anwar, 2005. "Rational Legal Decision-Making, Value Judgment and Efficient Precaution in Tort law," Law and Economics 0505004, EconWPA. [Downloadable!]
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  12. Louis Kaplow & Steven Shavell, 2003. "Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice," NBER Working Papers 9622, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  13. Lars Østerdal, 2009. "The lack of theoretical support for using person trade-offs in QALY-type models," The European Journal of Health Economics, Springer, vol. 10(4), pages 429-436, October. [Downloadable!] (restricted)
  14. Johansson-Stenman, Olof, 2006. "Cost Benefit Rules when Nature Counts," Working Papers in Economics 198, Göteborg University, Department of Economics, revised 09 May 2006. [Downloadable!]
  15. Lars Peter Østerdal, 2004. "QALYs, Person Trade-Offs, and the Pareto Principle," Discussion Papers 04-10, University of Copenhagen. Department of Economics. [Downloadable!]
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