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dc.contributor.authorKaplow, Louis
dc.contributor.authorShavell, Steven
dc.date.accessioned2014-05-19T16:05:47Z
dc.date.issued2003
dc.identifier.citationLouis Kaplow & Steven Shavell, Fairness versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice, 32 J. Legal Stud. 331 (2003).en_US
dc.identifier.issn0047-2530en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:12206464
dc.description.abstractIn Fairness versus Welfare, we advance the thesis that social policies should be assessed entirely on the basis of their effects on individuals’ well‐being. This thesis implies that no independent weight should be accorded to notions of fairness (other than many purely distributive notions). We support our thesis in three ways: by demonstrating how notions of fairness perversely reduce welfare, indeed, sometimes everyone’s well‐being; by revealing numerous other deficiencies in the notions, including their lack of sound rationales; and by providing an account of notions of fairness that explains their intuitive appeal in a manner that reinforces the conclusion that they should not be treated as independent principles in policy assessment. In this essay, we discuss these three themes and comment on issues raised by Richard Craswell, Lewis Kornhauser, and Jeremy Waldron.en_US
dc.language.isoen_USen_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.isversionofhttp://dx.doi.org/10.1086/345679en_US
dc.relation.hasversionhttp://www.jstor.org/stable/10.1086/345679en_US
dc.relation.hasversionhttp://www.law.harvard.edu/faculty/shavell/pdf/32_J_Legal_Stud_331.pdfen_US
dash.licenseLAA
dc.titleFairness versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justiceen_US
dc.typeJournal Articleen_US
dc.description.versionVersion of Recorden_US
dc.relation.journalJournal of Legal Studiesen_US
dash.depositing.authorKaplow, Louis
dc.date.available2014-05-19T16:05:47Z
dc.identifier.doi10.1086/345679*
dash.contributor.affiliatedKaplow, Louis
dash.contributor.affiliatedShavell, Steven


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