Assessments of social welfare do not usually take into account population sizes. This can lead to serious social evaluation flaws, particularly in contexts in which policies can affect demographic growth. We develop in this paper a little-known though ethically attractive approach to correcting...

We explore the old but highly topical question of the efficient provision of public goods: could the laisser-faire lead to efficiency? Or do we need government to provide these goods? Some authors, Stiglitz (1982), Lindsay and Dougan (2013) among others, discussed some conditions under which the...