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...
|Place of publication:||
Wageningen University, Mansholt Graduate School of Social Sciences
|Data of publication:||1996|
Mansholt Working Papers
|Online Access:||available in Bonn?|
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