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Welfare Economics: Towards a More Complete Analysis

Yew-Kwang Ng
4.9/5 (34849 ratings)
Read Now Download Now ⏭ listen AudioBook
Description:Yew-Kwang Ng looks at pushing welfare economics towards a more complete analysis. The book covers not only the basic topics, but also advanced and new arguments. Traditional topics including Pareto optimality, welfare criteria, consumer surplus, social choice, externality and public goods are considered. In addition, Professor Ng looks at more advanced issues and discusses such new arguments as the quasi-Pareto criterion, the effects of the diamond effects on consumer surplus, economists' over-estimation of the costs of public spending, and his theory of the third best. 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. The author attempts to make welfare economics more complete by discussing increasing returns, using the recent Yang-Ng framework of division of labour and by pushing welfare economics from the level of preference to that of welfare or happiness, making a reformulation of public policy necessary.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Welfare Economics: Towards a More Complete Analysis. To get started finding Welfare Economics: Towards a More Complete Analysis, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
—
Format
PDF, EPUB & Kindle Edition
Publisher
Palgrave MacMillan
Release
2012
ISBN
1280220066

Welfare Economics: Towards a More Complete Analysis

Yew-Kwang Ng
4.4/5 (1290744 ratings)
Read Now Download now ⏭ listen AudioBook
Description: Yew-Kwang Ng looks at pushing welfare economics towards a more complete analysis. The book covers not only the basic topics, but also advanced and new arguments. Traditional topics including Pareto optimality, welfare criteria, consumer surplus, social choice, externality and public goods are considered. In addition, Professor Ng looks at more advanced issues and discusses such new arguments as the quasi-Pareto criterion, the effects of the diamond effects on consumer surplus, economists' over-estimation of the costs of public spending, and his theory of the third best. 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. The author attempts to make welfare economics more complete by discussing increasing returns, using the recent Yang-Ng framework of division of labour and by pushing welfare economics from the level of preference to that of welfare or happiness, making a reformulation of public policy necessary.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Welfare Economics: Towards a More Complete Analysis. To get started finding Welfare Economics: Towards a More Complete Analysis, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
—
Format
PDF, EPUB & Kindle Edition
Publisher
Palgrave MacMillan
Release
2012
ISBN
1280220066

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