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- W2497334055 abstract "The neoclassical social welfare function is an attempt to provide economics with a means of bringing interpersonal comparisons of utility to bear on policy decisions. No. branch of economics has as generally accepted a claim to failure as welfare economics, the branch of economics in which constructing social welfare functions lies. Most economists seem to take this failure as evidence that interpersonal comparisons cannot be made with the precision required by policy decisions. The main argument of this and the last two chapters is that this particular failure of economics is merely a failure of approach, and that there does exist an established and successful scientific procedure for making interpersonal comparisons." @default.
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- W2497334055 date "1972-01-01" @default.
- W2497334055 modified "2023-09-27" @default.
- W2497334055 title "Law as a Moral Science" @default.
- W2497334055 doi "https://doi.org/10.1007/978-1-349-01806-2_15" @default.
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