Neo-Paretian Welfare Economics: Misconceptions and Abuses

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 t...

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Bibliographic details
Main Author: Jongeneel, R
Koning, N
Format: Paper
Language: English
Place of publication: 1996
Related: Wageningen University, Mansholt Graduate School of Social Sciences
Data of publication: 1996
Series: Mansholt Working Papers
Online Access: available in Bonn?
Database: RePEc IDEAS
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