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Licensed Unlicensed Requires Authentication Published by De Gruyter Oldenbourg May 12, 2016

Diskussion/Discussion. The Pareto Principle: Another View

Comment on Jürgen Backhaus: The Pareto Principle (Analyse & Kritik 2/80)

  • Warren J. Samuels
From the journal Analyse & Kritik

Abstract

The Pareto principle is in fact the fundamental concept of welfare economics. However, it has serious analytical and heuristic limits, is selective and conservative in nature and use, and is heavily normative notwithstanding the pretensions by advocates of its positive character.

Published Online: 2016-05-12
Published in Print: 1981-05-01

© 1981 by Lucius & Lucius, Stuttgart

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