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Chapter 1 A review of traditional welfare theory. We trace its evolution from classical utilitarianism to modern neoclassical welfare theory and discuss recent contractarian interpretations. But while we distinguish between utilitarian, neoclassical, and co...

Chapter 1 A review of traditional welfare theory. We trace its evolution from classical utilitarianism to modern neoclassical welfare theory and discuss recent contractarian interpretations. But while we distinguish between utilitarian, neoclassical, and co...

Chapter 1 A review of traditional welfare theory. We trace its evolution from classical utilitarianism to modern neoclassical welfare theory and discuss recent contractarian interpretations. But while we distinguish between utilitarian, neoclassical, and co...

Chapter 1 A review of traditional welfare theory. We trace its evolution from classical utilitarianism to modern neoclassical welfare theory and discuss recent contractarian interpretations. But while we distinguish between utilitarian, neoclassical, and co...

Chapter 1 A review of traditional welfare theory. We trace its evolution from classical utilitarianism to modern neoclassical welfare theory and discuss recent contractarian interpretations. But while we distinguish between utilitarian, neoclassical, and co...