Louis Kaplow
Datos Biográficos
| ID | 1155950 |
|---|---|
| NOMBRE | Louis Kaplow |
| NOMBRES | Louis |
| APELLIDO | Kaplow |
| FIRMA | KAPLOW L |
| AFILIACIONES | National Bureau of Economic Research |
| VERIFICADO | No |
| TOTAL DE OBRAS | 19 |
| TOTAL DE CITAS | 60 |
| TOTAL COMO AUTOR | 19 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1986 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2025 |
| ÍNDICE H | 4 |
Improving Economic Analysis in Merger Guidelines
Merger review should reflect basic precepts of decision analysis, best practices in industrial organization economics, and teachings from related fields. Unfortunately, the analytical methods in modern merger guidelines fall short. Protocols violate standard prescriptions for information collection and decision-making, rely on a market definition paradigm that deviates significantly from core models of competitive interaction, fail to leverage ce…
Who will vote quadratically? Voter turnout and votes cast under quadratic voting
On the Optimal Burden of Proof
The burden of proof is a central feature of adjudication, and analogues exist in many other settings. It constitutes an important but largely unappreciated policy instrument that interacts with the level of enforcement effort and magnitude of sanctions in controlling harmful activity. Models are examined in which the prospect of sanctions affects not only harmful acts but also benign ones, on account of the prospect of mistaken application of san…
Primary Goods, Capabilities,… or Well-Being
Research Article| October 01 2007 Primary Goods, Capabilities,... or Well-Being? Louis Kaplow Louis Kaplow Search for other works by this author on: This Site Google The Philosophical Review (2007) 116 (4): 603–632. https://doi.org/10.1215/00318108-2007-015 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Facebook Twitter LinkedIn Email Tools Icon Tools Permissions Cite Icon Cite Searc…
Moral Rules, the Moral Sentiments, and Behavior
How should moral sanctions and moral rewards—the moral sentiments involving feelings of guilt and of virtue—be employed to govern individualsâ€TM behavior if the objective is to maximize social welfare? In the model that we examine, guilt is a disincentive to act and virtue is an incentive because we assume that they are negative and positive sources of utility. We also suppose that guilt and virtue are costly to inculcate and are subject to cert…
Why measure inequality
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
On the (Ir)Relevance of Distribution and Labor Supply Distortion to Government Policy
Should the assessment of government policies, such as the provision of public goods and the control of externalities, deviate from first-best principles to account for distributive effects and the distortionary cost of labor income taxation? For example, is the optimal extent of public goods provision smaller than indicated by the Samuelson rule because finance is distortionary? Or should environmental regulations fail to internalize externalitie…
Fairness versus Welfare
Fairness versus Welfare
In Fairness versus Welfare, we advance the thesis that social policies should be assessed entirely on the basis of 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). We support our thesis in three ways: by demonstrating how notions of fairness perversely reduce welfare, indeed, sometimes everyone’s well‐being; by revealin…
The Grounds of Welfare
In Fairness versus Welfare, Kaplow and Shavell argue that legal practice and calls for its reform ought to be assessed exclusively by their expected impact on welfare. In particular, they argue that insofar as considerations of fairness are not aspects of an individual's welfare, they have no place to play in the evaluation of the law. In this review essay, I show that this claim is not only inadequately defended in the book, but in fact indefens…
Fairness versus Welfare
Fairness versus Welfare
The thesis of this Article is that the assessment of legal policies should depend exclusively on their effects on individuals'welfare. In particular, in the evaluation of legal policies, no independent weight should be accorded to conceptions of fairness, such as corrective justice and desert in punishment. (However, the logic leading to this conclusion does not apply to concern about equity in the distribution of income, which is often discussed…
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist. That is, they attach some importance to factors other than the effects of policies on individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle
The conflict between notions of fairness and the Pareto principle
Most legal academics and policy makers believe that notions of fairness should be accorded positive weight in evaluating legal policies. We explain, however, that ascribing importance to any notion of fairness (other than one concerned solely with the distribution of income) will sometimes lead to a conflict with the Pareto principle. That is, to endorse a notion of fairness is to endorse the view that it can be desirable to adopt a legal rule th…
Optimal Law Enforcement with Self-Reporting of Behavior
Self-reporting -- the reporting by parties of their own behavior to an enforcement authority -- is a commonly observed aspect of law enforcement, as in the context of environmental and safety regulation. We add self-reporting to the model of the control of harmful externalities through probabilistic law enforcement. Optimal self-reporting schemes are characterized and are shown to offer two advantages over schemes without self-reporting: enforcem…
Rules versus Standards
This Article offers an economic analysis of the extent to which legal commands should be promulgated as rules or standards. Two dimensions of the problem are emphasized. First, the choice between rules and standards affects costs: Rules typically are more costly than standards to create, whereas standards tend to be more costly for individuals to interpret when deciding how to act and for an adjudicator to apply to past conduct. Second, when indi…
Professor Strnad's Rejoinder
An Income Tax by Any Other Name. A Reply to Professor Strnad
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist. That is, they attach some importance to factors other than the effects of policies on individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle
Optimal Law Enforcement with Self-Reporting of Behavior
Self-reporting -- the reporting by parties of their own behavior to an enforcement authority -- is a commonly observed aspect of law enforcement, as in the context of environmental and safety regulation. We add self-reporting to the model of the control of harmful externalities through probabilistic law enforcement. Optimal self-reporting schemes are characterized and are shown to offer two advantages over schemes without self-reporting: enforcem…
Moral Rules, the Moral Sentiments, and Behavior
How should moral sanctions and moral rewards—the moral sentiments involving feelings of guilt and of virtue—be employed to govern individualsâ€TM behavior if the objective is to maximize social welfare? In the model that we examine, guilt is a disincentive to act and virtue is an incentive because we assume that they are negative and positive sources of utility. We also suppose that guilt and virtue are costly to inculcate and are subject to cert…
On the (Ir)Relevance of Distribution and Labor Supply Distortion to Government Policy
Should the assessment of government policies, such as the provision of public goods and the control of externalities, deviate from first-best principles to account for distributive effects and the distortionary cost of labor income taxation? For example, is the optimal extent of public goods provision smaller than indicated by the Samuelson rule because finance is distortionary? Or should environmental regulations fail to internalize externalitie…
The Grounds of Welfare
In Fairness versus Welfare, Kaplow and Shavell argue that legal practice and calls for its reform ought to be assessed exclusively by their expected impact on welfare. In particular, they argue that insofar as considerations of fairness are not aspects of an individual's welfare, they have no place to play in the evaluation of the law. In this review essay, I show that this claim is not only inadequately defended in the book, but in fact indefens…
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
Who will vote quadratically? Voter turnout and votes cast under quadratic voting
On the Optimal Burden of Proof
The burden of proof is a central feature of adjudication, and analogues exist in many other settings. It constitutes an important but largely unappreciated policy instrument that interacts with the level of enforcement effort and magnitude of sanctions in controlling harmful activity. Models are examined in which the prospect of sanctions affects not only harmful acts but also benign ones, on account of the prospect of mistaken application of san…
An Income Tax by Any Other Name. A Reply to Professor Strnad
Professor Strnad's Rejoinder
Rules versus Standards
This Article offers an economic analysis of the extent to which legal commands should be promulgated as rules or standards. Two dimensions of the problem are emphasized. First, the choice between rules and standards affects costs: Rules typically are more costly than standards to create, whereas standards tend to be more costly for individuals to interpret when deciding how to act and for an adjudicator to apply to past conduct. Second, when indi…
Optimal Law Enforcement with Self-Reporting of Behavior
Self-reporting -- the reporting by parties of their own behavior to an enforcement authority -- is a commonly observed aspect of law enforcement, as in the context of environmental and safety regulation. We add self-reporting to the model of the control of harmful externalities through probabilistic law enforcement. Optimal self-reporting schemes are characterized and are shown to offer two advantages over schemes without self-reporting: enforcem…
The conflict between notions of fairness and the Pareto principle
Most legal academics and policy makers believe that notions of fairness should be accorded positive weight in evaluating legal policies. We explain, however, that ascribing importance to any notion of fairness (other than one concerned solely with the distribution of income) will sometimes lead to a conflict with the Pareto principle. That is, to endorse a notion of fairness is to endorse the view that it can be desirable to adopt a legal rule th…
Fairness versus Welfare
The thesis of this Article is that the assessment of legal policies should depend exclusively on their effects on individuals'welfare. In particular, in the evaluation of legal policies, no independent weight should be accorded to conceptions of fairness, such as corrective justice and desert in punishment. (However, the logic leading to this conclusion does not apply to concern about equity in the distribution of income, which is often discussed…
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
The public at large, many policymakers, and a number of economists hold views of social welfare that are non-welfarist. That is, they attach some importance to factors other than the effects of policies on individuals' utilities. We show, however, that any non-welfarist method of policy assessment violates the Pareto principle
Fairness versus Welfare
Fairness versus Welfare
Fairness versus Welfare
In Fairness versus Welfare, we advance the thesis that social policies should be assessed entirely on the basis of 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). We support our thesis in three ways: by demonstrating how notions of fairness perversely reduce welfare, indeed, sometimes everyone’s well‐being; by revealin…
The Grounds of Welfare
In Fairness versus Welfare, Kaplow and Shavell argue that legal practice and calls for its reform ought to be assessed exclusively by their expected impact on welfare. In particular, they argue that insofar as considerations of fairness are not aspects of an individual's welfare, they have no place to play in the evaluation of the law. In this review essay, I show that this claim is not only inadequately defended in the book, but in fact indefens…
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
On the (Ir)Relevance of Distribution and Labor Supply Distortion to Government Policy
Should the assessment of government policies, such as the provision of public goods and the control of externalities, deviate from first-best principles to account for distributive effects and the distortionary cost of labor income taxation? For example, is the optimal extent of public goods provision smaller than indicated by the Samuelson rule because finance is distortionary? Or should environmental regulations fail to internalize externalitie…
Why measure inequality
Primary Goods, Capabilities,… or Well-Being
Research Article| October 01 2007 Primary Goods, Capabilities,... or Well-Being? Louis Kaplow Louis Kaplow Search for other works by this author on: This Site Google The Philosophical Review (2007) 116 (4): 603–632. https://doi.org/10.1215/00318108-2007-015 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Facebook Twitter LinkedIn Email Tools Icon Tools Permissions Cite Icon Cite Searc…
Moral Rules, the Moral Sentiments, and Behavior
How should moral sanctions and moral rewards—the moral sentiments involving feelings of guilt and of virtue—be employed to govern individualsâ€TM behavior if the objective is to maximize social welfare? In the model that we examine, guilt is a disincentive to act and virtue is an incentive because we assume that they are negative and positive sources of utility. We also suppose that guilt and virtue are costly to inculcate and are subject to cert…
On the Optimal Burden of Proof
The burden of proof is a central feature of adjudication, and analogues exist in many other settings. It constitutes an important but largely unappreciated policy instrument that interacts with the level of enforcement effort and magnitude of sanctions in controlling harmful activity. Models are examined in which the prospect of sanctions affects not only harmful acts but also benign ones, on account of the prospect of mistaken application of san…
Who will vote quadratically? Voter turnout and votes cast under quadratic voting
Improving Economic Analysis in Merger Guidelines
Merger review should reflect basic precepts of decision analysis, best practices in industrial organization economics, and teachings from related fields. Unfortunately, the analytical methods in modern merger guidelines fall short. Protocols violate standard prescriptions for information collection and decision-making, rely on a market definition paradigm that deviates significantly from core models of competitive interaction, fail to leverage ce…
Economics (14 obras) · Political science (12 obras) · Law (10 obras) · Law (8 obras) · Law and economics (8 obras) · Political Philosophy and Ethics (8 obras) · Public economics (8 obras) · Microeconomics (7 obras) · Positive economics (6 obras) · Welfare (6 obras)