An Introduction to Modern Welfare Economics

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Publisher : Cambridge University Press
ISBN 13 : 9780521356954
Total Pages : 194 pages
Book Rating : 4.3/5 (569 download)

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Book Synopsis An Introduction to Modern Welfare Economics by : Per-Olov Johansson

Download or read book An Introduction to Modern Welfare Economics written by Per-Olov Johansson and published by Cambridge University Press. This book was released on 1991-08-22 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book in welfare economics to be primarily intended for undergraduates and non-specialists. Concepts such as Pareto optimality in a market economy, the compensation criterion, and the social welfare function are explored in detail. Market failures are analysed by using different ways of measuring welfare changes. The book also examines public choice, and the issues of provision of public goods, median voter equilibrium, government failures, efficient and optimal taxation, and intergenerational equity. The three final chapters are devoted to applied welfare economics: methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world. The book is intended for introductory and intermediate courses in welfare economics, microeconomics, and public economics. It will also be suitable for courses in health economics, environmental economics, and cost-benefit analysis, as well as those undertaking project evaluations in government agencies and private firms.

Welfare Economics

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Publisher : London : Macmillan
ISBN 13 : 9780333242964
Total Pages : 332 pages
Book Rating : 4.2/5 (429 download)

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Book Synopsis Welfare Economics by : Yew-Kwang Ng

Download or read book Welfare Economics written by Yew-Kwang Ng and published by London : Macmillan. This book was released on 1979 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

General Equilibrium and Welfare Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 354032223X
Total Pages : 575 pages
Book Rating : 4.5/5 (43 download)

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Book Synopsis General Equilibrium and Welfare Economics by : James C. Moore

Download or read book General Equilibrium and Welfare Economics written by James C. Moore and published by Springer Science & Business Media. This book was released on 2006-12-20 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the basic grasp of general equilibrium theory that is a fundamental background for advanced work in virtually any sub-field of economics, and the thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, that is indispensable for undertaking applied policy analysis. The book uses extensive examples, both simple ones intended to bolster basic concepts, and those illustrating application of the material to economics in practice.

AN INTRODUCTION TO THE WELFARE ECONOMICS

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Publisher : RED'SHINE Publication. Pvt. Ltd
ISBN 13 : 9387822877
Total Pages : 132 pages
Book Rating : 4.3/5 (878 download)

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Book Synopsis AN INTRODUCTION TO THE WELFARE ECONOMICS by : DR. SUBHASH

Download or read book AN INTRODUCTION TO THE WELFARE ECONOMICS written by DR. SUBHASH and published by RED'SHINE Publication. Pvt. Ltd. This book was released on 2018-12-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book could not have been possible without collaborative efforts and support of my colleagues at Dronacharya Govt. College Gurugram, Haryana, India. My special thanks to Prof. Bhup Singh, Head of the Dept., Sociology who always inspires me to do research work, papers presentation in seminars and writing of books/articles/papers etc. I am also very thankful to my colleagues and friends Dr. Sudhir Samantrai, Dr. Mool Chand, Ms. Nitasha Joon, Shri Sandeep Yadav, Dr. Sushil K. Saini, Dr. Karamvir, Dr. Garima Yadav, Sachin, Dr. Sunita who helped me directly or indirectly at many occasions in the college.

Welfare Economics and the Theory of the State

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (915 download)

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Book Synopsis Welfare Economics and the Theory of the State by : William J. Baumol

Download or read book Welfare Economics and the Theory of the State written by William J. Baumol and published by . This book was released on 1994 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Welfare

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Publisher : Transaction Publishers
ISBN 13 : 1412836670
Total Pages : 948 pages
Book Rating : 4.4/5 (128 download)

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Book Synopsis The Economics of Welfare by : Arthur Cecil Pigou

Download or read book The Economics of Welfare written by Arthur Cecil Pigou and published by Transaction Publishers. This book was released on 2000 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Introduction to Modern Welfare Economics

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Publisher :
ISBN 13 : 9780521356169
Total Pages : 176 pages
Book Rating : 4.3/5 (561 download)

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Book Synopsis An Introduction to Modern Welfare Economics by : Per-Olov Johansson

Download or read book An Introduction to Modern Welfare Economics written by Per-Olov Johansson and published by . This book was released on 1991 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book in welfare economics covers concepts such as Pareto optimality in a market economy, the compensation criterion and the social welfare function.

Welfare Economics

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Publisher : New York : Wiley
ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Welfare Economics by : Yew-Kwang Ng

Download or read book Welfare Economics written by Yew-Kwang Ng and published by New York : Wiley. This book was released on 1980 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Economics

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Publisher : Wiley-Blackwell
ISBN 13 : 9780631133278
Total Pages : 356 pages
Book Rating : 4.1/5 (332 download)

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Book Synopsis Welfare Economics by : R. F. Boadway

Download or read book Welfare Economics written by R. F. Boadway and published by Wiley-Blackwell. This book was released on 1991-01-08 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear and balanced introduction to welfare economics reflects the most recent advances in the field. Designed for third-year undergraduate and graduate courses, it offers an extensive treatment of both the theory of welfare economics and the techniques for applying that theory to real problems. The first part of the book presents a synthesis of the theory. Starting from the premise that the purpose of theory is to provide criteria for ordering alternative economic states, the authors analyse the relationship between individual and social orderings. They discuss the conditions of Pareto efficiency and optimality as well as the ways in which market economies may fail to achieve a Pareto optimal allocation of resources. They go on to evaluate the theory of social welfare functions, paying particular attention to recent developments. The second part of the book considers the principles of applied welfare economics. Developing the use of the compensating variation as their main tool, the authors discuss welfare change measurement in single-person and many-person economies. In the final chapter they survey the recent literature on cost-benefit analysis.

A Critique of Welfare Economics

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Publisher : OUP Oxford
ISBN 13 : 0198281196
Total Pages : 324 pages
Book Rating : 4.1/5 (982 download)

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Book Synopsis A Critique of Welfare Economics by : Ian Malcolm David Little

Download or read book A Critique of Welfare Economics written by Ian Malcolm David Little and published by OUP Oxford. This book was released on 2002-09-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1950, this book was concerned with the exposition, criticism, and appreciation of the theory of economic welfare as it had been developed to that date. Now reissued, Little has added a new retrospective preface in which he assesses the contribution the book made in the light of subsequent literature in the area.

Welfare Economics and Social Choice Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 038729368X
Total Pages : 401 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Welfare Economics and Social Choice Theory by : Allan M. Feldman

Download or read book Welfare Economics and Social Choice Theory written by Allan M. Feldman and published by Springer Science & Business Media. This book was released on 2006-06-14 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.

Welfare Economics

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Publisher : Springer
ISBN 13 : 1403944067
Total Pages : 366 pages
Book Rating : 4.4/5 (39 download)

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Book Synopsis Welfare Economics by : Y. Ng

Download or read book Welfare Economics written by Y. Ng and published by Springer. This book was released on 2003-12-19 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

The Welfare Economics of Public Policy

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Publisher : Edward Elgar Publishing
ISBN 13 : 1845421574
Total Pages : 706 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis The Welfare Economics of Public Policy by : Richard E. Just

Download or read book The Welfare Economics of Public Policy written by Richard E. Just and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Welfare Economics of Public Policy is a great book that should be of interest to all economists interested in applied welfare analysis. It is a good reference book for economists studying the effects of public policy. Finally, it should be a useful textbook for students studying economic policy and applied welfare economics. Jean-Paul Chavas, American Journal of Agricultural Economics . . . a very comprehensive overview of the state of the art in welfare economics. It can be used as a teaching book for advanced students as well as a reference volume for researchers. This duality of possible uses is supported by the fact that very complex issues are presented in an easily readable manner. More technical aspects are then outlined in the appendices of the relevant chapters, offering colleagues the option to study formal considerations in more detail. . . a welcome addition to and expression of the knowledge base of agricultural economics. Stefan Mann, Journal of Agricultural Economics I am absolutely delighted that the authors have revised and republished this text. I have used the previous version for years in my graduate environmental economics course; usually I had to share the one copy I have with students and I felt it was a shame that these students did not have the opportunity to purchase the book since every serious environmental economist should have this volume on their shelf. It has been a continuous reference volume for me over the years and I am sure this is true of many others in the discipline. In the field of applied welfare analysis (spanning environmental economics, international trade, agricultural policy, etc.) there is no need for further elaboration when Just, Hueth and Schmitz is referenced. Everyone knows the book that is being referred to: the bible of applied welfare economics. Catherine Kling, Iowa State University, US For the record, I am one of the people who requested that the authors revise and re-issue their textbook. It is an extremely valuable book for applied economists; as with the previous edition, I will use it extensively in two of my courses and consult it frequently in my own research endeavors. Richard Adams, Oregon State University, US The original book is very well known in our profession and is still used in many classes. It will be wonderful to have a revised edition of this classic book. Colin Carter, University of California, Davis, US This outstanding text, a follow-up to the authors award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources. Building on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors develop measures for firms and households where households are viewed as both consumers and owner/sellers of resources. Possibilities are presented for (1) approximating WTP with consumer surplus, (2) measuring WTP exactly subject to errors in existing econometric work, and (3) using duality theory to specify econometric equations consistent with theory. Later chapters cover specific areas of welfare measurement under imperfect competition, uncertainty, incomplete information, externalities, and dynamic considerations. Applications are considered explicitly for policy issues related to information, international trade, the environment, agriculture, and other natural resource issues. The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economi

Measuring Social Welfare

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Publisher : Oxford University Press
ISBN 13 : 0190643048
Total Pages : 240 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Measuring Social Welfare by : Matthew D. Adler

Download or read book Measuring Social Welfare written by Matthew D. Adler and published by Oxford University Press. This book was released on 2019-09-23 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disputes over government policies rage in a number of areas. From taxation to climate change, from public finance to risk regulation, and from health care to infrastructure planning, advocates debate how policies affect multiple dimensions of individual well-being, how these effects balance against each other, and how trade-offs between overall well-being and inequality should be resolved. How to measure and balance well-being gains and losses is a vexed issue. Matthew D. Adler advances the debate by introducing the social welfare function (SWF) framework and demonstrating how it can be used as a powerful tool for evaluating governmental policies. The framework originates in welfare economics and in philosophical scholarship regarding individual well-being, ethics, and distributive justice. It has three core components: a well-being measure, which translates each of the possible policy outcomes into an array of interpersonally comparable well-being numbers, quantifying how well off each person in the population would be in that outcome; a rule for ranking outcomes thus described ; and an uncertainty module, which orders policies understood as probability distributions over outcomes. The SWF framework is a significant improvement compared to cost-benefit analysis (CBA), which quantifies policy impacts in dollars, is thereby biased towards the rich, and is insensitive to the distribution of these monetized impacts. The SWF framework, by contrast, uses an unbiased measure of well-being and allows the policymaker to consider both efficiency (total well-being) and equity (the distribution of well-being). Because the SWF framework is a fully generic methodology for policy assessment, Adler also discusses how it can be implemented to inform government policies. He illustrates it through a detailed case study of risk regulation, contrasting the implications of results of SWF and CBA. This book provides an accessible, yet rigorous overview of the SWF approach that can inform policy-makers and students.

Economics and the Public Welfare

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Publisher : Laissez Faire Books
ISBN 13 : 1621290654
Total Pages : 644 pages
Book Rating : 4.6/5 (212 download)

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Book Synopsis Economics and the Public Welfare by : Benjamin McAlester Anderson

Download or read book Economics and the Public Welfare written by Benjamin McAlester Anderson and published by Laissez Faire Books. This book was released on 1949 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Theory, Public Action, and Ethical Values

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Publisher : Cambridge University Press
ISBN 13 : 1108898696
Total Pages : 350 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Welfare Theory, Public Action, and Ethical Values by : Roger E. Backhouse

Download or read book Welfare Theory, Public Action, and Ethical Values written by Roger E. Backhouse and published by Cambridge University Press. This book was released on 2021-03-25 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative history of welfare economics challenges the view that welfare economics can be discussed without taking ethical values into account. Whatever their theoretical commitments, when economists have considered practical problems relating to public policy, they have adopted a wider range of ethical values, whether equality, justice, freedom, or democracy. Even canonical authors in the history of welfare economics are shown to have adopted ethical positions different from those with which they are commonly associated. Welfare Theory, Public Action, and Ethical Values explores the reasons and implications of this, drawing on concepts of welfarism and non-welfarism developed in modern welfare economics. The authors exemplify how economic theory, public affairs and political philosophy interact, challenging the status quo in order to push economists and historians to reconsider the nature and meaning of welfare economics.

Social Efficiency

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Publisher :
ISBN 13 :
Total Pages : 174 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Social Efficiency by : Peter Bohm

Download or read book Social Efficiency written by Peter Bohm and published by . This book was released on 1974 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: UK. Textbook on the economic theory of welfare economics and cost benefit analysis - explains the meaning of social efficiency, and covers resource allocation and the need for allocation policy, the relations between efficiency and economic policy for stabilization and income distribution purposes, the cost benefit criterion for public investment, etc. Diagrams and references.