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Welfare Economics : Towards a More Complete Analysis / by Yew-Kwang Ng

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink Bücher | Springer eBook Collection Palgrave Economics & Finance Collection | Springer ebook collection / Palgrave Economics and Finance Collection 2000 - 2013Publisher: London : Palgrave Macmillan, 2004Description: Online-Ressource (XIII, 355 p, online resource)ISBN:
  • 9781403944061
Subject(s): Additional physical formats: 9781349429431 | Erscheint auch als: 978-1-349-42943-1 Druck-Ausgabe | Printed edition: 9781349429431 LOC classification:
  • HB846-HB846.8
  • HB99.3
DOI: DOI: 10.1057/9781403944061Online resources:
Contents:
Summary: Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. 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 particularPPN: PPN: 1657487520Package identifier: Produktsigel: ZDB-1-PEO | ZDB-2-PEF | ZDB-2-SEB | ZDB-2-SXEF
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