Welfare Analysis
Introductory
Pareto Efficiency
A condition in which no person can be made better off without making at least one other person worse off.
Why It Matters
Pareto efficiency gives law-and-economics analysis a precise baseline for evaluating voluntary exchange, legal entitlements, contract enforcement, and welfare comparisons.
Selected Literature
A short list of directly relevant archive entries.
2001
Advanced
2004
Advanced
2016
Advanced
2019
Advanced
Related Cases
1985
Corporate Law
Moran v. Household International, Inc.
500 A.2d 1346 (Del. 1985)
Validity of the shareholder rights plan as an antitakeover device.
1994
Corporate Law
Kahn v. Lynch Communication Systems, Inc.
638 A.2d 1110 (Del. 1994)
Standard of review for controlling-shareholder freeze-out mergers and procedural protections.
2014
Corporate Law
Kahn v. M&F Worldwide Corp.
88 A.3d 635 (Del. 2014)
Business-judgment review for controller buyouts using dual procedural protections.