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Neo-Paretian Welfare Economics : Misconceptions and Abuses

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Author Info
Jongeneel, R
Koning, N
Abstract

The paper focuses on misconceptions about the compensation principle of neo-Paretian welfare economics, and argues that the efficiency interpretation often atteched to it is a dubious one. Applied welfare analists should realize the real significance of 'potential Pareto improvement' and take it into account when formulating policy recommendations.

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Publisher Info
Paper provided by Wageningen Agricultural - General Economics in its series Papers with number 1996-06.

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Length: 27 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:wageni:1996-06

Contact details of provider:
Postal: WAGENINGEN Agricultural University, Department of General Economics, Hollandseweg, 1,6706 KN Wageningen, The Netherlands.

For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).

Related research
Keywords: WELFARE ECONOMICS

Find related papers by JEL classification:
D6 - Microeconomics - - Welfare Economics

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This page was last updated on 2008-7-2.

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