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072 7 _aBUS
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082 0 4 _a330.15/56
_220
049 _aMAIN
100 1 _aJohansson, Per-Olov,
_d1949-
_0http://id.loc.gov/authorities/names/n80100225
245 1 3 _aAn introduction to modern welfare economics /
_cPer-Olov Johansson.
260 _aCambridge ;
_aNew York :
_bCambridge University Press,
_c1991.
300 _a1 online resource (xii, 176 pages) :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
504 _aIncludes bibliographical references (pages 169-172) and index.
588 0 _aPrint version record.
546 _aEnglish.
505 0 _aPareto optimality in a market economy -- The compensation principle and the social welfare function -- Measuring welfare changes -- Market failures, causes and welfare consequences -- Public choice -- A "smorgasbord" of further topics -- How to overcome the problem of preference revelation: practical methodologies -- Cost-benefit analysis -- The treatment of risk.
520 _aThis is the first book in welfare economics to be primarily intended for undergraduates and non-specialists. Concepts such as Pareto optimality in a market economy, the compensation criterion, and the social welfare function are explored in detail. Market failures are analysed by using different ways of measuring welfare changes. The book also examines public choice, and the issues of provision of public goods, median voter equilibrium, government failures, efficient and optimal taxation, and intergenerational equity. The three final chapters are devoted to applied welfare economics: methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world. The book is intended for introductory and intermediate courses in welfare economics, microeconomics, and public economics. It will also be suitable for courses in health economics, environmental economics, and cost-benefit analysis, as well as those undertaking project evaluations in government agencies and private firms.
590 _aeBooks on EBSCOhost
_bEBSCO eBook Subscription Academic Collection - Worldwide
650 0 _aWelfare economics.
_0http://id.loc.gov/authorities/subjects/sh85146027
650 7 _aBUSINESS & ECONOMICS
_xEconomics
_xTheory.
_2bisacsh
650 7 _aWelfare economics.
_2fast
_0(OCoLC)fst01173620
655 0 _aElectronic books.
655 4 _aElectronic books.
776 0 8 _iPrint version:
_aJohansson, Per-Olov, 1949-
_tIntroduction to modern welfare economics.
_dCambridge ; New York : Cambridge University Press, 1991
_z0521356164
_w(DLC) 90020420
_w(OCoLC)22597546
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