Welfare economics

Antoinette Baujard

No 1333, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: This paper presents the Paretian Watershed and the fundamental theorems of welfare economics. It distinguishes the British approach (à la Kaldor-Hicks) from the American approach (à la Bergson-Samuelson) to new welfare economics. It develops the more recent domains of happiness economics, the comparative approach by Amartya Sen, and the theory of fair allocation by Marc Fleurbaey.

Keywords: Welfare economics; Kaldor-Hicks; SocialWelfare Function; Pareto; comparative approach; happiness economics; fair allocation (search for similar items in EconPapers)
JEL-codes: B2 D6 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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ftp://ftp.gate.cnrs.fr/RePEc/2013/1333.pdf (application/pdf)

Related works:
Chapter: Welfare economics (2016)
Working Paper: Welfare economics (2016)
Working Paper: Welfare economics (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:gat:wpaper:1333

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