Why Welfare Depends on Fairness
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Louis Kaplow and Steven Shavell recently argued in their article, "Fairness Versus Welfare" that legal decision-makers should exclusively apply welfare economic
Louis Kaplow and Steven Shavell recently argued in their article, "Fairness Versus Welfare" that legal decision-makers should exclusively apply welfare economic
By what criteria should public policy be evaluated? Fairness and justice? Or the welfare of individuals? Debate over this fundamental question has spanned the a
What is a fair distribution of resources and other goods when individuals are partly responsible for their achievements? This book develops a theory of fairness
Summary of, and response to criticism of, the authors' book, Fairness versus welfare (Harvard University Press, 2002).
The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and su