Welfare Economics and Economic Policy: Essays in economic management

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (514 download)

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Book Synopsis Welfare Economics and Economic Policy: Essays in economic management by :

Download or read book Welfare Economics and Economic Policy: Essays in economic management written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays in Normative Economics

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Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Essays in Normative Economics by : Abram Bergson

Download or read book Essays in Normative Economics written by Abram Bergson and published by . This book was released on 1966 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of essays in economic theory on the concept of welfare - includes papers on problems of econometrics measurement thereof and on the application of welfare theory to socialist economics. References.

Welfare Economics and the Theory of Economic Policy

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Welfare Economics and the Theory of Economic Policy by : Pieter Hennipman

Download or read book Welfare Economics and the Theory of Economic Policy written by Pieter Hennipman and published by Edward Elgar Publishing. This book was released on 1995 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prominent among these papers are the contributions to welfare economics and Pieter Hennipman's examination of the transition from the view that welfare was exclusively dependent on production to one which saw it as a subjective phenomenon dependent upon consumption. This volume also includes his rigorous and insightful essays on the history of the theory of welfare economics.

Economic Efficiency and Social Welfare (Routledge Revivals)

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Publisher : Routledge
ISBN 13 : 1136629548
Total Pages : 684 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Economic Efficiency and Social Welfare (Routledge Revivals) by : E. J. Mishan

Download or read book Economic Efficiency and Social Welfare (Routledge Revivals) written by E. J. Mishan and published by Routledge. This book was released on 2013-05-13 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1981, Professor Mishan’s Economic Efficiency and Social Welfare: Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare is a collection of 22 pioneering essays written while the author was teaching at the London School of Economics and chosen to indicate landmarks in the development of his own thought. Professor Mishan, who also enjoys an international reputation as a popular writer on the impact of modern economic growth on social welfare, is among the foremost authorities in the field of resource allocation, and his influence in his subject area has been profound. Mishan’s essays, while generally accessible to the layman due to the author’s lucidity, his economy in the use of mathematical notation and his concern with perspective, are invaluable reading for the economics undergraduate. The essays are particularly relevant to upper level students of project appraisal, welfare economics and cost benefit analysis requiring a coherent survey of their field of study.

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

Economics and Human Welfare

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Publisher : Academic Press
ISBN 13 : 148326100X
Total Pages : 417 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Economics and Human Welfare by : Michael J. Boskin

Download or read book Economics and Human Welfare written by Michael J. Boskin and published by Academic Press. This book was released on 2014-05-10 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory, Econometrics, and Mathematical Economics: Economics and Human Welfare: Essays in Honor of Tibor Scitovsky focuses on the principles, influence, and contributions of Tibor Scitovsky on economics. The selection first elaborates on welfare economics and microeconomic theory, property rights doctrine and demand revelation under incomplete information, and experiments in the pricing of theater tickets. Discussions focus on the effect on audience composition, volume, and revenues, failure of bargaining under privacy, growing disenchantment with economic growth, and bargaining as a game of incomplete information. The text then takes a look at economics and the transformation of the idea of progress and changes in the size distribution of income. The text ponders on welfare criteria, distribution, and cost- benefit analysis; position of ethics in the theory of production; and rationing and price as methods of restricting demand for specific products. Topics include excise taxation with revenue distributed like rations; private and social returns to morality; effect of changes in the cost of organization and communication; and logical and historical foundation of the theory of the welfare state. The selection is highly recommended for economists and researchers interested in pursuing studies on the relationship of economics and human welfare.

Applied Welfare Economics

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Publisher : Routledge
ISBN 13 : 131781424X
Total Pages : 433 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Applied Welfare Economics by : Massimo Florio

Download or read book Applied Welfare Economics written by Massimo Florio and published by Routledge. This book was released on 2014-02-05 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on ‘shadow prices’, revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation, is presented. This book offers a unique and original blend of theory, empirics and experience. The theoretical discussion clarifies why shadow prices are not virtual market equilibrium prices, as they arise as the solution of a planning problem, often with governments and economic agents constrained in their information and powers. The empirical chapters show how to compute proxies of the shadow prices in simple ways. The experience chapters draw from first hand research, gained by the Author and his collaborators over many years of advisory work for the European Commission and other international and national institutions.

Quiet Revolution in Welfare Economics

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Publisher : Princeton University Press
ISBN 13 : 1400887054
Total Pages : 455 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Quiet Revolution in Welfare Economics by : Michael Albert

Download or read book Quiet Revolution in Welfare Economics written by Michael Albert and published by Princeton University Press. This book was released on 2017-03-14 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Welfare, Planning, and Employment

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Publisher : MIT Press (MA)
ISBN 13 : 9780262021753
Total Pages : 297 pages
Book Rating : 4.0/5 (217 download)

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Book Synopsis Welfare, Planning, and Employment by : Abram Bergson

Download or read book Welfare, Planning, and Employment written by Abram Bergson and published by MIT Press (MA). This book was released on 1982-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abram Bergson has been making significant contributions to economic theory since the 1930s, and this selection of fifteen of his most influential essays exhibits in large part the breadth of his range. The book's primary focus, however, is on those aspects of economic theory to which he has given sustained attention over the whole course of his career: welfare and socialist economics. Part I, Social Welfare and the Economic Optimum, presents the author's seminal early article on the concept of social welfare and two additional essays on the relation of social choice theory to welfare economics and on the import of taste differences for optimal income distribution. In Part II, Problems of Measurement, the critique of Frisch's methods of marginal utility measurement that has become a classic is followed by three essays on consumer's surplus analysis, including the frequently cited paper on monopoly welfare losses. A final paper elaborates for factor productivity calculation the index number theory that was developed by Moorsteen and the author for output measurement. In Part III, Public Enterprise and Socialist Economics, two surveys of the theory of socialist economics that are standard references in the field are followed by an essay on the politics of socialist efficiency and by two studies of public enterprise, one on optimal pricing and the other on managerial riskbearing. Finally, Part IV, Prices, Income, and Employment, consists of two papers that represent an early effort to integrate macro- and microeconomics, a matter that has since become of wide interest. Abram Bergson has taught at Harvard University since 1956; he is now George F. Baker Professor of Economics.

The Rate and Direction of Inventive Activity

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Publisher : Princeton University Press
ISBN 13 : 1400879760
Total Pages : 647 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Rate and Direction of Inventive Activity by : National Bureau of Economic Research

Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Political Economy of the Welfare State

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Publisher : Taylor & Francis
ISBN 13 : 1000477975
Total Pages : 234 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis The Political Economy of the Welfare State by : Thomas Wilson

Download or read book The Political Economy of the Welfare State written by Thomas Wilson and published by Taylor & Francis. This book was released on 2021-11-21 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1980s, the welfare state, for too long regarded as a notable contribution to the establishment of a humane social order, had over the previous decade come under increasing attack. Some of its critics, especially in the UK and the USA, maintained that it had failed to deal satisfactorily with the problem of poverty. Others held that it was over-elaborate, created a psychology of dependence and imposed costs that needed to be reduced as part of a policy of general economic recovery. In a number of countries, cuts had already been imposed or were now contemplated. In this situation it was crucially important to direct attention once more to the basic objectives of the various welfare services from a systematic and comparative standpoint. Originally published in 1982, the authors of this book, one an economist and the other a specialist in social administration, subjected these aims to rigorous analysis and discuss the underlying issues of social philosophy. They then attempt to assess the various methods adopted for their attainment in Britain and comment on those adopted in the USA and in some continental European countries. Although the authors reject the more extreme assertion that the welfare state has been a failure, they point to the need to relate some of the policies followed more clearly to the basic objectives. A number of proposals for reform are put forward which would imply some change of emphasis and should permit a simplification of existing over-complex arrangements.

Competition, Efficiency, and Welfare

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Publisher : Springer Science & Business Media
ISBN 13 : 1461555590
Total Pages : 397 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Competition, Efficiency, and Welfare by : Dennis C. Mueller

Download or read book Competition, Efficiency, and Welfare written by Dennis C. Mueller and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition, Efficiency and Welfare contains a collection of papers in honor of Manfred Neumann. This collection was prepared as a tribute to a teacher and scholar, whose accomplishments have enriched various fields of economics. The magnitude of his interests is reflected in the breadth of topics covered in this volume: industrial economics, competition policy and related topics. However, if one unifying principle runs through Manfred Neumann's work, it is the belief in the power of competition. Born on May 16, 1933, Manfred Neumann studied economics at the University of Cologne. He graduated in 1960. In 1969 Manfred Neumann was appointed Professor of Economics at Nürnberg University. He was Dean of the Faculty of Economics and Social Sciences of the University of Erlangen-Nürnberg, President of the European Association for Research in Industrial Economics (EARIE) and Chairman of Industrial Organization Study Group of the Verein für Sozialpolitik. Most of his professional career has been spent at Nürnberg, where he has helped to make the Economic Institute one of the leading research centers in Industrial Organization. He has also been involved in various advisory activities. The volume contains 18 essays. The first twelve are grouped into four categories: Innovation and R&D (Part I), Cartels (Part II), Mergers and Merger Policy (Part III), and Methodological Issues in Industrial Organization (Part IV). These papers fall within the bounds of industrial economics, which has been Manfred Neumann's primary research interest throughout his career. Part V includes two papers on theories of international trade, which has been a recurring topic of interest for Manfred Neumann through the years. The last three papers look at broader policy and macroeconomic issues. Contributors to this volume include Karl Aiginger, David B. Audretsch, Paul A. Geroski, Stephen Martin and Dennis Mueller.

Welfare and Efficiency in Public Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 3642733700
Total Pages : 435 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Welfare and Efficiency in Public Economics by : Dieter Bös

Download or read book Welfare and Efficiency in Public Economics written by Dieter Bös and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hans-Werner Sinn, Munich, West Germany This book contains 15 papers presented at a conference in Neresheim, West Ger many, in June 1986. The articles were selected by anonymous referees and most of them have undergone substantial revisions since their presentation. The common topic is measurement of welfare, both from efficiency and from equity perspectives. For many economists, welfare is a diffuse, arbitrary and am biguous concept. The papers collected in this book show that this view is not justified. Though not beyond all doubt, welfare theory today is crisp and clear, offering fairly straightforward measuring concepts. It even comes up with numbers that measure society's advantage or disadvantage from specific policy options in monetary units. Politicians get something they can intuitively understand and argue with, and they do not have to be afraid that all this is metaphysics or the result of the scientist's personal value judgements. Some economists, whom I would classify as belonging to the "everything is optimal" school, would claim that providing politicians with numerical welfare measures is superfluous or even dangerous. The world is as it is, and any attempt to give policy advice can only make things worse. I do not share this view. There are good policies and there are bad ones, but it may not be easy to distinguish between them. There is a role for consulting politicians, Dr.

The Economics of Welfare

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Publisher : Cosimo, Inc.
ISBN 13 : 1596052554
Total Pages : 429 pages
Book Rating : 4.5/5 (96 download)

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Book Synopsis The Economics of Welfare by : Alfred C. Pigou

Download or read book The Economics of Welfare written by Alfred C. Pigou and published by Cosimo, Inc.. This book was released on 2006-02-01 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welfare economics is a branch of economics using microeconomic techniques to simultaneously determine the efficiency of the overall economy and the income distribution consequences associated with it. As a British economist best known for his work in many fields and particularly in welfare economics, Pigou attended the prestigious Harrow School and was a graduate of King's College, Cambridge, where he studied under Alfred Marshall, famously known as the creator of "The Marshall Plan." Here in The Economics of Welfare, Pigou asserts that individuals are the best judges of their own welfare, that people will prefer greater welfare to less welfare, and that welfare can be adequately measured either in monetary terms or as a relative preference. Scholars and students of both economics and welfare policy will find Pigou's work a significant contribution to current debates on welfare policy directions. Included in Volume I: "Welfare and The National Dividend" and "The Size of The National Dividend and The Distribution of Resources Among Different Uses" ALSO AVAILABLE AT COSIMO CLASSICS: The Economics of Welfare: Volume II ARTHUR CECIL PIGOU (1877-1959) was a Professor of Political Economy at Cambridge University from 1908 to 1943. He is best known for the development of "The Pigou Effect," an economics term, which refers to the stimulation of output & employment caused by increasing consumption. Pigou served on a number of royal commissions, including the 1919 committee on income tax.

The Selected Essays of Assar Lindbeck: Macroeconomics and economic policy

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Selected Essays of Assar Lindbeck: Macroeconomics and economic policy by : Assar Lindbeck

Download or read book The Selected Essays of Assar Lindbeck: Macroeconomics and economic policy written by Assar Lindbeck and published by Edward Elgar Publishing. This book was released on 1993 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first volume in a two-volume set on macroeconomics, economic policy and the welfare state. This volume covers the development of the author's thought, illustrating how his experience of economic policy-making in Sweden has led him to form his current opinions.

Social Economy and the Price System

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Publisher :
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Social Economy and the Price System by : Raymond Taylor Bye

Download or read book Social Economy and the Price System written by Raymond Taylor Bye and published by . This book was released on 1950 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Economics and Economic Policy

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (314 download)

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Book Synopsis Welfare Economics and Economic Policy by :

Download or read book Welfare Economics and Economic Policy written by and published by . This book was released on 19?? with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: