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An introduction to modern welfare economics /
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 way...
| Call Number: | Libro Electrónico |
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| Main Author: | |
| Format: | Electronic eBook |
| Language: | Inglés |
| Published: |
Cambridge ; New York :
Cambridge University Press,
1991.
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| Subjects: | |
| Online Access: | Texto completo |
Table of Contents:
- Pareto optimality in a market economy
- The compensation principle and the social welfare function
- Measuring welfare changes
- Market failures, causes and welfare consequences
- Public choice
- A "smorgasbord" of further topics
- How to overcome the problem of preference revelation: practical methodologies
- Cost-benefit analysis
- The treatment of risk.