Superfairness Applications and Theory

William J. Baumol, Dietrich Fischer, Academic Director Berkley Center for Entrepreneurial Studies William J Baumol — 1986

With his characteristic acuteness and lucidity, William Baumol, one of America's foremost economists, tackles the problem of equity considerations in welfare economics by applying the novel "superfairness" criterion to the distribution of resources, product, income, and wealth that arises from economic decisions.