Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constrain…
Verlagsinfo: "Introduction to Welfare theory, public action and ethical values Revisiting the history of welfare economics By Roger E. Backhouse, Antoinette Baujard and Tamotsu Nishizawa The Introduction explains the concepts of welfarism and non-welfarism, relating it to the wa…
"Behavioral Public Economics shows how standard public economics can be improved using insights from behavioral economics. Public economics typically lists four market failures that may justify government intervention in markets -imperfect competition (or natural monopoly), exte…
