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Welfare Economics and Social Choice Theory

Language EnglishEnglish
Book Paperback
Book Welfare Economics and Social Choice Theory Allan M. Feldman
Libristo code: 01422523
Publishers Springer-Verlag New York Inc., October 2010
Welfare economics, and social choice theory, are disciplines that blend economics, ethics, political... Full description
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Welfare economics, and social choice theory, are disciplines that blend economics, ethics, political science, and mathematics.§Welfare Economics and Social Choice Theory, 2nd Edition, include models of economic exchange and production, uncertainty, optimality, public goods, social improvement criteria, life and death choices, majority voting, Arrow s theorem, and theories of implementation and mechanism design.Our goal is to make value judgments about economic and political mechanisms: For instance, does the competitive market produce distributions of products and services that are good or bad for society? Does majority voting produce good or bad outcomes? How can we design tax mechanisms that result in efficient amounts of public goods being produced? §We have attempted, in this book, to minimize mathematical obstacles, and to make this field accessible to undergraduate and graduate students and the interested non-expert.

About the book

Full name Welfare Economics and Social Choice Theory
Language English
Binding Book - Paperback
Date of issue 2010
Number of pages 404
EAN 9781441939883
ISBN 1441939881
Libristo code 01422523
Weight 590
Dimensions 157 x 231 x 23
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