WELFARISM

'''Welfarism''' is a form of consequentialism. Like all forms of consequentialism, welfarism is based on the premise that actions, policies, and/or rules should be evaluated on the basis of their consequences. Welfarism is the view that the morally significant consequences are impacts on human welfare. There are many different understandings of human welfare, but the term "welfarism" is usually associated with the economic conception of welfare. Economists usually think of individual welfare in terms of utility functions. Social welfare can be conceived as an aggregation of individual utilities or utility functions. Welfarism can be contrasted to other consequentialist theories, such as classical utilitarianism, which takes utility among agents as directly accessible and measurable.
''Welfarist'' views have been especially influential in the law and economics movement. Steven Shavell and Louis Kaplow have argued in an influential book, ''Fairness versus Welfare'' that welfare should be the exclusive criteria by which legal analysts evaluate legal policy choices.

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Bibliography

See also

External links

Bibliography

Louis Kaplow and Steven Shavell, ''Fairness versus Welfare'' (Cambridge, Massachusetts: Harvard University Press 2002) ISBN 0-674-00622-4..

See also

★ Consequentialism

★ Social welfare

★ Social welfare function

★ Welfare economics

★ Utilitarianism

★ Utility

★ Juvenile delinquency

External links

★ Louis Kaplow and Steven Shavell, Principles of Fairness versus Human Welfare: On the Evaluation of Legal Policy (Social Science Research Network, Working Paper, 2002)