What a non-Paretian welfare economics would have to look like

An old piece of mine from the early 1990s now seems to have come on line, the introduction to the piece is this:


Although non-Paretian approaches to welfare economics receive considerable attention outside of mainstream economics, they have not received much critical scrutiny. Non-Paretian welfare frameworks, while not necessarily wrong in their present form, are seriously incomplete. I will discuss whether a non-Paretian welfare economics can avoid collapsing into Paretianism, and still serve as a promising model for policy analysis. I warn the reader in advance that no definitive conclusions will be offered.


The pointer is from Adam Gurri, who also thanks Eric Crampton.


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Published on November 15, 2014 00:35
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