Abstract
My objective in this paper is to consider a number of ambiguities which have arisen in modern applied welfare economics. At a technical level, I am not proposing to say anything new. Rather I will be concerned with the interpretation and critical assessment of some recent literature and the direction in which I believe this area of research should proceed in the future.
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© 1988 Springer-Verlag Berlin Heidelberg
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McKenzie, G. (1988). Applied Welfare Economics and Frisch’s Conjecture. In: Bös, D., Rose, M., Seidl, C. (eds) Welfare and Efficiency in Public Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-73370-3_1
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DOI: https://doi.org/10.1007/978-3-642-73370-3_1
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