----------------- HES POSTING ----------------- The place to start would be: Mishan, E. J. "A Survey of Welfare Economics, 1939-1959," Economic Journal, 70:197-265, 1960. Mishan, E. J. Welfare Economics: An Assessment New York: Random House, 1969. You may also wish to consult: Bator, Francis, "The Anatomy of Market Failure," Quarterly Journal of Economics, 72:351-79, August 1958. Bator, Francis, "The Simple Analytics of Welfare Maximization," American Economic Review 47:22-59, March 1957. and Graaff, J. van deV. Theoretical Welfare Economics Cambridge: Cambridge University Press, 1967. Dan Bromley University of Wisconsin ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]