Foundations in Public Economics
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Foundations in Public Economics by David A. Starrett
Book DescriptionIn this book, Professor David Starrett organizes within a single framework the major theoretical foundations of modern public sector economics. He presents a unified treatment of market failure that encompasses externalities, pure public goods, local public goods and natural monopolies. Professor Starrett then develops and assesses the efficacy of the various planning procedures - including representative voting, benefit cost analysis, incentive compatible design mechanisms and the free market. He devotes attention to both national and local issues, with the aim of identifying those methods that are best suited to each arena separately. Special attention is paid to financial arrangements, techniques for eliciting necessary information that is not readily available, and identification of biases that will result from incorrect procedures. This study will be useful to graduate students and economists who are interested in public finance or welfare economics.
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Book DetailsISBN: 9780521348010
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Jun-1988
Country of Publication: United Kingdom
Books By Author David A. Starrett
Essays in Honor of Kenneth J. Arrow: Volume 1, Social Choice and Public Decision Making, Paperback (June 2008)
The first of three volumes of essays in honour of the distinguished economic theorist Professor Kenneth J. Arrow.
Essays in Honor of Kenneth J. Arrow: Volume 3, Uncertainty, Information, and Communication, Paperback (June 2008)
The third in a series of volumes published in honour of Professor Kenneth J. Arrow, each covering a different area of economic theory.
Essays in Honor of Kenneth J. Arrow: Volume 2, Equilibrium Analysis, Paperback (June 2008)» View all books by David A. Starrett
This second volume of economic theory is divided into sections on general equilibrium and on the microfoundations of macroeconomics.
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