Welfare Economics and Nonwelfarist Values

Working Papers 60 Tuovi Allén

Introduction

The purpose of this study is to discuss the informational constraints of welfare economics and the possibilities to introduce some new kinds of information to the traditional framework. The main question that is asked is, if the traditional welfare economic approach is compatible with some “widely agreed” ethical principles, for example, liberty and equality.

  • ISSN: 0357-9603
  • ISBN: 951-9281-75-4