Welfare Economics in Theory and Practice PDF Download

Author: Catherine M. Price
Publisher: London [etc.] : Macmillan
ISBN:
Category : Finance, Public
Languages : en
Pages : 192

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Author: Catherine M. Price
Publisher: London [etc.] : Macmillan
ISBN: 9780333198384
Category : Finances publiques
Languages : en
Pages : 175

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Book Description

Author: Allan M. Feldman
Publisher: Springer Science & Business Media
ISBN: 038729368X
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
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: Spicker, Paul
Publisher: Policy Press
ISBN: 1447316126
Category : Political Science
Languages : en
Pages : 512

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Book Description
Social Policy: Theory and practice is a fully revised, updated and extended edition of a bestselling social policy textbook, extensively reworked and adapted to meet the needs of its international readership. The book lays out the architecture of social policy as a field of study, binding the discussion of theory to the understanding of social policy in practice. It aims to provide students and practitioners with a sense of the scope, range and purpose of the subject while developing critical awareness of problems, issues and common fallacies. Written in an accessible and engaging style, it explains what social policy is and why it matters; looks at social policy in its social context; considers policy, the role of the state and the social services; explores issues in social administration and service delivery; and focuses on the methods and approaches of the subject. For practitioners, there are discussions of the techniques and approaches used to apply social policy in practice. For students, there are boxes raising issues and reviewing case studies, questions for discussion and a detailed glossary. The book’s distinctive, path–breaking approach makes it invaluable for students studying social policy at a range levels, professionals and practitioners in the field of social policy.

Author: Richard E. Just
Publisher: Edward Elgar Publishing
ISBN: 1845421574
Category : Political Science
Languages : en
Pages : 712

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Book Description
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: J. de V. Graaff
Publisher: Cambridge University Press
ISBN: 9780521051286
Category : Political Science
Languages : en
Pages : 196

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Book Description

Author: Pieter Hennipman
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
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.

Author: U. Hla Myint
Publisher:
ISBN:
Category :
Languages : en
Pages : 240

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Author: IRSHAD CV
Publisher:
ISBN: 9783668297357
Category :
Languages : en
Pages : 20

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Book Description
Seminar paper from the year 2016 in the subject Economy - Health Economics, language: English, abstract: This is a collective analysis of five major economic theories of welfare. Here each of the theories is explained separately in a brief manner. The diagrammatic representation is also used here to understand the concepts easily. Further an evaluation of each theory has also been provided along with the discussion. This note includes the following five welfare economic theories. 1)Pareto Optimality; 2)Kaldor-Hicks Compensation Criterion; 3)Social Welfare Function of Bergson and Samuelsson; 4)Scitovisky Criterion; and 5)Amartya Sen's Theory of Welfare.

Author: James C. Moore
Publisher: Springer Science & Business Media
ISBN: 354032223X
Category : Business & Economics
Languages : en
Pages : 576

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Book Description
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.