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Author : David Starrett
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (58 download)
Download or read book Second Best Welfare Economics in the Mixed Economy written by David Starrett and published by . This book was released on 1977 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Source Wikipedia
Publisher : University-Press.org
ISBN 13 : 9781230591254
Total Pages : 120 pages
Book Rating : 4.5/5 (912 download)
Download or read book Welfare Economics written by Source Wikipedia and published by University-Press.org. This book was released on 2013-09 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 118. Chapters: Gini coefficient, Lorenz curve, Mixed economy, Pareto efficiency, Externality, Kaldor-Hicks efficiency, Deadweight loss, Economic growth, Social security, Poverty threshold, Uneconomic growth, Marginal utility, Unemployment benefits, Income inequality metrics, Capability approach, Copenhagen Consensus, Happiness economics, Cost-benefit analysis, Triple bottom line, Fair division, Wealth, Social protection, Genuine progress indicator, Social welfare function, Justice, Hidden Welfare State, National Income and Product Accounts, Value of life, Theil index, Employees' Provident Fund Organisation of India, Not just for profit, Welfare cost of business cycles, Fundamental theorems of welfare economics, Employees Provident Fund, Social floor, List of countries by Sen social welfare function, Means test, International Social Security Association, New Approach to Appraisal, Atkinson index, Leapfrogging, Excess burden of taxation, Biological standard of living, Intergenerational equity, Human Poverty Index, Positional good, Happy Life Expectancy, Edgeworth box, Welfare cost of inflation, Normative economics, Income deficit, Divide and choose, Suits index, Johannes de Villiers Graaff, Benefitive Treasury Measure, Scottish Poor Laws, Welfare Rights, ICstat, Distributive efficiency, Community economic development, Theory of the second best, Hoover index, Local Authority Investigation Officers Group, Age stratification, Compensating variation, Missing market, Wage share, Contract curve, Structural adjustment loan, Penn World Table, Extended sympathy, Welfare benefit simplification, National Priority Projects, Bayesian efficiency, Compensation principle, Welfare definition of economics, Utility-possibility frontier, Welfarism, Ghent system, Public bad, Laeken indicators, Lump-sum tax, Occupational welfare, Equivalent variation, ..
Author : Richard S. Markovits
Publisher :
ISBN 13 : 9783030433611
Total Pages : 368 pages
Book Rating : 4.4/5 (336 download)
Download or read book Welfare Economics and Second-best Theory written by Richard S. Markovits and published by . This book was released on 2020 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of The General Theory of Second Best for analyzing the economic efficiency of non-government conduct or government policies in an economically efficient way. It develops and legitimates an economically efficient economic-efficiency-analysis protocol with three unique characteristics: First, the protocol focuses separately on each of a wide variety of categories of economic inefficiency, many of which conventional analyses ignore. Second, it analyzes the impact of conduct or policies on each of these categories of economic inefficiency, primarily by predicting the respective conducts/policys impact on the distortion that the economys various Pareto imperfections generate in the profits yielded by the resource allocations associated with the individual categories of economic inefficiency--i.e., on the difference between their profitability and economic efficiency. And third, it is third-best--i.e., it instructs the analyst to execute a theoretical or empirical research project if and only if the economic-efficiency gains the project is expected to generate by increasing the accuracy of economic-efficiency conclusions exceed the predicted allocative cost of its execution and public financing. The book also uses the protocol to analyze the economic efficiency of specific policies so as to illustrate both how it differs from the protocols that most applied welfare economists continue to use and how its conclusions differ from those produced by standard analysis.
Author : Allan M. Feldman
Publisher : Springer Science & Business Media
ISBN 13 : 038729368X
Total Pages : 401 pages
Book Rating : 4.3/5 (872 download)
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.
Author : Christian Seidl
Publisher : Springer Verlag Wien
ISBN 13 : 9783211819425
Total Pages : 280 pages
Book Rating : 4.8/5 (194 download)
Download or read book Welfare Economics of the Second Best written by Christian Seidl and published by Springer Verlag Wien. This book was released on 1986-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard E. Wagner
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Welfare Economics and Second-Best Theory written by Richard E. Wagner and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic theory of the second best has been an analytical staple of welfare economics and policy analysis since Lipsey and Lancaster (1956) set forth the idea. That theory challenged the then standard claim that removing violations of the necessary conditions for a competitive equilibrium would be Pareto efficient. According to second best theory, if two or more violations of those conditions exist, there can be no assurance that removing one violation will be Pareto efficient. Indeed, adding further violations could be Pareto superior. Second best theory is now widely ensconced throughout policy analysis; however, that theory amounts to filling imaginary economic boxes, to recur to a theme J. H. Clapham (1922) once advanced about the use of increasing and decreasing returns in policy analysis. Second best theory is a feature of a particular theoretical model that might be useful for blackboard demonstrations but which is incapable of advancing the analysis of public issues which require plausible and not demonstrative reasoning.
Author : Michael Williams
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)
Download or read book Managing the Mixed Economy written by Michael Williams and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David A. Starrett
Publisher : Cambridge University Press
ISBN 13 : 9780521348010
Total Pages : 336 pages
Book Rating : 4.3/5 (48 download)
Download or read book Foundations in Public Economics written by David A. Starrett and published by Cambridge University Press. This book was released on 1988-06-24 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the major theoretical foundations of modern public sector economics. Includes market failures encompassing externalities, pure public goods, local public goods and natural monopolies. Representative voting, benefit cost analysis, incentive compatible design mechanisms and the free market are points also covered. Special attention is paid to financial arrangements, techniques for eliciting necessary information and identification of biases that will result from incorrect procedures.
Author : Maurice Dobb
Publisher : CUP Archive
ISBN 13 : 9780521099370
Total Pages : 288 pages
Book Rating : 4.0/5 (993 download)
Download or read book Welfare Economics and the Economics of Socialism written by Maurice Dobb and published by CUP Archive. This book was released on 1975 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Norman Johnson
Publisher : Routledge
ISBN 13 : 1317903803
Total Pages : 324 pages
Book Rating : 4.3/5 (179 download)
Download or read book Mixed Economies Welfare written by Norman Johnson and published by Routledge. This book was released on 2014-07-15 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the changes that have occurred in welfare states since the early 1970s and considers some of the policy dilemmas that have arisen. Each of the chapters begins with an introduction to set the scene, followed by an examination of the theoretical and conceptual perspectives of the sector under discussion. Chapters analyse the major changes in the sectors, with issue-based conclusions highlighting the policy dilemmas identified in the chapters. The influence of ideology and values is given prominence throughout. Although each of the sectors has its own chapter, the book emphasises the importance of the relationships between the sectors, allowing each sector's place in the production and delivery of welfare to be assessed.
Author : Catherine M. Price
Publisher : MacMillan Publishing Company
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.F/5 ( download)
Download or read book Welfare Economics in Theory and Practice written by Catherine M. Price and published by MacMillan Publishing Company. This book was released on 1977 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : A.M. Feldman
Publisher : Springer Science & Business Media
ISBN 13 : 1461581419
Total Pages : 238 pages
Book Rating : 4.4/5 (615 download)
Download or read book Welfare Economics and Social Choice Theory written by A.M. Feldman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics - general equilib rium models of exchange and production, Pareto optimality, externalities and public goods - and some of the major topic of social choice the ory - compensation criteria, fairness, voting, Arrow's Theorem, and stra tegic behavior. 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 can improve upon the results of the market. The book grew out of my undergraduate welfare economics course at Brown University, and it is intended for the undergraduate student who has some prior familiarity with microeconomics. However the book is also use ful for graduate students and professionals, economists and non-econo mists, who want an overview of welfare and social choice results unbur dened by detail and mathematical complexity.
Author : Richard E. Just
Publisher : Edward Elgar Publishing
ISBN 13 : 1845421574
Total Pages : 706 pages
Book Rating : 4.8/5 (454 download)
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
Author : Richard E. Just
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.3/5 ( download)
Download or read book Applied Welfare Economics written by Richard E. Just and published by Edward Elgar Publishing. This book was released on 2008 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the key works that serve as a basis for applied welfare economic practices, the major papers that develop the methodology of applied economic welfare measurement and some of the exemplary applications in the fields of welfare work. This book is designed to provide students and scholars with a source useful in applied welfare economics.
Author : R. F. Boadway
Publisher : Wiley-Blackwell
ISBN 13 : 9780631133278
Total Pages : 356 pages
Book Rating : 4.1/5 (332 download)
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.
Author : Y. Ng
Publisher : Springer
ISBN 13 : 1403944067
Total Pages : 366 pages
Book Rating : 4.4/5 (39 download)
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.
Author : Amy C. Offner
Publisher : Princeton University Press
ISBN 13 : 0691205205
Total Pages : 402 pages
Book Rating : 4.6/5 (912 download)
Download or read book Sorting Out the Mixed Economy written by Amy C. Offner and published by Princeton University Press. This book was released on 2021-06-08 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destruction In the years after 1945, a flood of U.S. advisors swept into Latin America with dreams of building a new economic order and lifting the Third World out of poverty. These businessmen, economists, community workers, and architects went south with the gospel of the New Deal on their lips, but Latin American realities soon revealed unexpected possibilities within the New Deal itself. In Colombia, Latin Americans and U.S. advisors ended up decentralizing the state, privatizing public functions, and launching austere social welfare programs. By the 1960s, they had remade the country’s housing projects, river valleys, and universities. They had also generated new lessons for the United States itself. When the Johnson administration launched the War on Poverty, U.S. social movements, business associations, and government agencies all promised to repatriate the lessons of development, and they did so by multiplying the uses of austerity and for-profit contracting within their own welfare state. A decade later, ascendant right-wing movements seeking to dismantle the midcentury state did not need to reach for entirely new ideas: they redeployed policies already at hand. In this groundbreaking book, Amy Offner brings readers to Colombia and back, showing the entanglement of American societies and the contradictory promises of midcentury statebuilding. The untold story of how the road from the New Deal to the Great Society ran through Latin America, Sorting Out the Mixed Economy also offers a surprising new account of the origins of neoliberalism.
