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

Louis Kaplow, Steven Shavell

Journal of Political Economy · 2001 · Volume 109 · Issue 2

DOI: 10.1086/319553

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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