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Welfare Theory, Public Action, and Ethical Values

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Release : 2021-03-25
Genre : Business & Economics
Kind : eBook
Book Rating : 696/5 ( reviews)

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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. This book was released on 2021-03-25. 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.

Five Theories of Welfare Economics. An Evaluation

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Release : 2016-09-13
Genre : Business & Economics
Kind : eBook
Book Rating : 347/5 ( reviews)

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Book Synopsis Five Theories of Welfare Economics. An Evaluation by : IRSHAD CV

Download or read book Five Theories of Welfare Economics. An Evaluation written by IRSHAD CV. This book was released on 2016-09-13. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Welfare Economics and Social Choice Theory

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Release : 2006-06-14
Genre : Business & Economics
Kind : eBook
Book Rating : 68X/5 ( reviews)

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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. This book was released on 2006-06-14. 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.

Theories of Welfare Economics

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Release : 1965
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Theories of Welfare Economics by : U. Hla Myint

Download or read book Theories of Welfare Economics written by U. Hla Myint. This book was released on 1965. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Economics in Theory and Practice

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Release : 1977
Genre : Business & Economics
Kind : eBook
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Book Synopsis Welfare Economics in Theory and Practice by : Catherine M. Price

Download or read book Welfare Economics in Theory and Practice written by Catherine M. Price. This book was released on 1977. Available in PDF, EPUB and Kindle. Book excerpt:

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