An Introduction to Modern Welfare Economics
ISBN-13:
9780521356954
ISBN-10:
0521356954
Author:
Per-Olov Johansson
Publication date:
1991
Publisher:
Cambridge University Press
Format:
Paperback
192 pages
Category:
Economic History
,
Economics
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Book details
ISBN-13:
9780521356954
ISBN-10:
0521356954
Author:
Per-Olov Johansson
Publication date:
1991
Publisher:
Cambridge University Press
Format:
Paperback
192 pages
Category:
Economic History
,
Economics
Summary
An Introduction to Modern Welfare Economics (ISBN-13: 9780521356954 and ISBN-10: 0521356954), written by authors
Per-Olov Johansson, was published by Cambridge University Press in 1991.
With an overall rating of 3.8 stars, it's a notable title among other
Economic History
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Description
This is the first book on welfare economics to be primarily intended for undergraduates. It explores such concepts as Pareto optimality in a market economy, the compensation criterion, and the social welfare function, and analyzes market failures using different ways of measuring welfare changes. The book covers public choice, and the issues of efficient provision of public goods, government failures, and efficient and optimal taxation, concluding with an examination of applied welfare economics, methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world.
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