Download or read book Welfare Economics and Social Choice Theory written by Allan M. Feldman and published by Springer Science & Business Media. This book was released on 2006-06-14 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.
Download or read book Welfare Theory written by Tony Fitzpatrick and published by Palgrave Macmillan. This book was released on 2001-11-10 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social policy debates often get lost in highly technical discussions and in day-to-day politics. This introduction to welfare theory offers an alternative approach to understanding social policy. It reviews the concepts of welfare, equality, liberty and citizenship, key political and sociological themes, old and new welfare ideologies, as well as recent theoretical developments including globalization, postmodernism and risk society.
Download or read book A Theory of Fairness and Social Welfare written by Marc Fleurbaey and published by Cambridge University Press. This book was released on 2011-06-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles.
Download or read book Welfare Theory Public Action and Ethical Values written by Roger E. Backhouse and published by Cambridge University Press. This book was released on 2021-03-25 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative history of welfare economics challenges the view that welfare economics can be discussed without taking ethical values into account. Whatever their theoretical commitments, when economists have considered practical problems relating to public policy, they have adopted a wider range of ethical values, whether equality, justice, freedom, or democracy. Even canonical authors in the history of welfare economics are shown to have adopted ethical positions different from those with which they are commonly associated. Welfare Theory, Public Action, and Ethical Values explores the reasons and implications of this, drawing on concepts of welfarism and non-welfarism developed in modern welfare economics. The authors exemplify how economic theory, public affairs and political philosophy interact, challenging the status quo in order to push economists and historians to reconsider the nature and meaning of welfare economics.
Download or read book Reasons for Welfare written by Robert E. Goodin and published by Princeton University Press. This book was released on 2020-12-08 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Goodin passionately and cogently defends the welfare state from current attacks by the New Right. But he contends that the welfare state finds false friends in those on the Old Left who would justify it as a hesitant first step toward some larger, ideally just form of society. Reasons for Welfare, in contrast, offers a defense of the minimal welfare state substantially independent of any such broader commitments, and at the same time better able to withstand challenges from the New Right's moralistic political economy. This defense of the existence of the welfare state is discussed, flanked by criticism of Old Left and New Right arguments that is both acute and devastating. In the author's view, the welfare state is best justified as a device for protecting needy--and hence vulnerable--members of society against the risk of exploitation by those possessing discretionary control over resources that they require. Its task is to protect the interests of those not in a position to protect themselves. Communitarian or egalitarian ideals may lead us to move beyond the welfare state as thus conceived and justified. Moving beyond it, however, does not invalidate the arguments for constantly maintaining at least the minimal protections necessary for vulnerable members of society.
Download or read book Conversations on Social Choice and Welfare Theory Vol 1 written by Marc Fleurbaey and published by Springer Nature. This book was released on 2021-03-30 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents interviews that have been conducted from the 1980s to the present with important scholars of social choice and welfare theory. Starting with a brief history of social choice and welfare theory written by the book editors, it features 15 conversations with four Nobel Laureates and other key scholars in the discipline. The volume is divided into two parts. The first part presents four conversations with the founding fathers of modern social choice and welfare theory: Kenneth Arrow, John Harsanyi, Paul Samuelson, and Amartya Sen. The second part includes conversations with scholars who made important contributions to the discipline from the early 1970s onwards. This book will appeal to anyone interested in the history of economics, and the history of social choice and welfare theory in particular.
Download or read book Theories of Welfare written by Anthony Forder and published by Routledge. This book was released on 2018-07-20 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1984 Theories of Welfare looks at theories of social administration developed in different social science disciplines. The book ranges widely and gives concise coverage to the historical and intellectual background in which the theory emerged, the implicit or explicit value assumptions, and account of the most important theoretical concepts and the major criticisms of them, an indication of the relevance to social administration and a guide to further reading.
Download or read book Theoretical Welfare Economics written by J. de V. Graaff and published by Cambridge University Press. This book was released on 1968-02-02 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Women and Welfare written by Nancy J. Hirschmann and published by Rutgers University Press. This book was released on 2001 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social welfare state has come under increasing pressure, raising serious doubts about its survival. This book represents an interdisciplinary, multimethodological and multicultural feminist approach ...
Download or read book Welfare Economics and the Theory of the State written by William J. Baumol and published by Ashgate Publishing. This book was released on 1993 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Five Theories of Welfare Economics An Evaluation written by IRSHAD CV and published by GRIN Verlag. This book was released on 2016-09-13 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2016 in the subject Economy - Health Economics, , language: English, abstract: This is a collective analysis of five major economic theories of welfare. Here each of the theories is explained separately in a brief manner. The diagrammatic representation is also used here to understand the concepts easily. Further an evaluation of each theory has also been provided along with the discussion. This note includes the following five welfare economic theories. 1) Pareto Optimality; 2) Kaldor-Hicks Compensation Criterion; 3) Social Welfare Function of Bergson and Samuelsson; 4) Scitovisky Criterion; and 5) Amartya Sen’s Theory of Welfare.
Download or read book Welfare Theory written by Tony Fitzpatrick and published by Bloomsbury Publishing. This book was released on 2011-07-25 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the concepts and principles that underpin the design and delivery of social policies? This thoroughly revised edition of a trusted text provides an authoritative introduction to the theoretical framework of social policy. Drawing upon the fields of politics, sociology and philosophy, the book offers analysis of the history and relevance of a range of core concepts such as equality, liberty, citizenship and power. It explores key ideologies of welfare, including Marxism, Feminism and the Radical Right, and presents critical perspectives on the nature of society and class. A stimulating combination of classic debates and recent developments in the field, this edition: - Features an entirely new chapter on the growing influences of global justice and environmentalism - Includes thought-provoking new 'Questions for Further Discussion' at the end of each chapter - Addresses fundamental issues in contemporary society such as social exclusion, social division and the nature of happiness Written in a down-to-earth and engaging style, this major text is essential introductory reading for all students of Social Policy, as well as for any student of Sociology, Politics or Public Policy seeking to understand what is at stake in welfare policies of the 21st century.
Download or read book Population Issues in Social Choice Theory Welfare Economics and Ethics written by Charles Blackorby and published by Cambridge University Press. This book was released on 2005-08-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how different ideas of the common good may be compared, contrasted and ranked.
Download or read book Quiet Revolution in Welfare Economics written by Michael Albert and published by Princeton University Press. This book was released on 2017-03-14 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Welfare written by Norman P. Barry and published by U of Minnesota Press. This book was released on 1999 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second edition of a well-established study of perhaps the most controversial and contested concept in the social sciences. The book traces the historical origins of welfare to eighteenth-century sources in moral and social philosophy and shows how, in the evolution of the concept, doctrines of welfare have been associated with a variety of social philosophies, including utilitarianism, rights, individualism and collectivism. The result is a well-rounded text for students of politics, sociology and social policy, and an essential reference for researchers as well as those with a wider interest in the welfare state.
Download or read book Welfare Economics and Social Choice Theory written by Allan M. Feldman and published by . This book was released on 1980 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Power Resources Theory and the Welfare State written by Walter Korpi and published by University of Toronto Press. This book was released on 1998-01-01 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rather than simply asserting that all social policies in all capitalist societies exist to maintain capitalism and serve the long-term interests of the capitalist class, PRT examines the nature and impact of social policies and the level and types of social inequality in a variety of advanced capitalist nations.
