Potential welfare criteria and the choice of large projects

Authors
Tsuneki, A
Citation
A. Tsuneki, Potential welfare criteria and the choice of large projects, JPN ECON R, 51(4), 2000, pp. 605-609
Citations number
10
Categorie Soggetti
Economics
Journal title
JAPANESE ECONOMIC REVIEW
ISSN journal
13524739 → ACNP
Volume
51
Issue
4
Year of publication
2000
Pages
605 - 609
Database
ISI
SICI code
1352-4739(200012)51:4<605:PWCATC>2.0.ZU;2-Z
Abstract
This note compares project evaluation rules for large projects by Negishi ( 1962) and Harris (1978) and points out that the extensions by Harris depend on his implicit weakening of the criterion for potential welfare improveme nt compared with Negishi's original welfare criterion. JEL Classification N umber: D61.