Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility ...

This article proposes a new social welfare measure based on Aristotle's theory of reciprocity. Unlike existing metrics of social welfare, the proposed Aristotelian social welfare function measures ...

A new approach is developed to identify marginal tax reforms for pairs of commodities and to test for the robustness of their impacts on Yaari's dual social welfare functions. The rank-dependent ...

Evaluating climate policy requires a method for navigating trade-offs. The most systematic such method is the ‘social welfare function’ (SWF) approach, which is widely used both in the economic ...

The point of our paper is this: If you are going to take [utilitarian] philosophy seriously, you have to take all of the implications seriously. And one of those implications is the optimality of ...

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