----------------- HES POSTING ----------------- 3 additional references: Cooter, R., and P. Rappoport. 1984. "Were the ordinalists wrong about welfare economics?" Journal of Economic Literature 22: 507 - 530. Little, I.M.D. 1950. A critique of welfare economics. Oxford: Clarendon Samuelson, P. A. 1965. Welfare economics. Foundations of Economic Analysis, Chapter 8. New York: Athenum Fabienne Peter University of Basel ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]