9780521356954-0521356954-Intro to Modern Welfare Economics

Intro to Modern Welfare Economics

ISBN-13: 9780521356954
ISBN-10: 0521356954
Author: Johansson
Publication date: 2008
Publisher: Cambridge University Press
Format: Paperback 192 pages
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Book details

ISBN-13: 9780521356954
ISBN-10: 0521356954
Author: Johansson
Publication date: 2008
Publisher: Cambridge University Press
Format: Paperback 192 pages

Summary

Acknowledged author Johansson wrote Intro to Modern Welfare Economics comprising 192 pages back in 2008. Textbook and eTextbook are published under ISBN 0521356954 and 9780521356954. Since then Intro to Modern Welfare Economics textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

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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