In fairness versus welfare kaplow and shavell 2002 hereinafterfvw we advance the thesis that social policies notably legal rules should be selected entirely with regard to their effects on the well being of indi. Fairness versus welfare poses a bold challenge to contemporary moral philosophy by showing that most moral principles conflict more sharply with welfare than is generally recognized it has profound implications for the theory and practice of policy analysis and has already generated considerable debate in academia. Thesis plan of book 1 1 fairness versus welfare louis kaplow steven shavell policy analysis should be based exclusively on welfare economics define contrast welfare economics fairness. In fairness versus welfare we advance the thesis that social policies should be assessed based entirely on 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. In fairness versus welfare we advance the thesis that social policies should be assessed entirely on the basis of their effects on individuals well beingthis 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
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