An Introduction to Modern Welfare Economics
By (author) Per-Olov Johansson
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Introduction to Modern Welfare Economics by Per-Olov Johansson
Book DescriptionThis 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.
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Book DetailsISBN: 9780521356954
(204mm x 159mm x 11mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 22-Aug-1991
Country of Publication: United Kingdom
Books By Author Per-Olov Johansson
Cost-Benefit Analysis for Project Appraisal, Hardback (October 2015)
This book uses modern economic tools to obtain general equilibrium cost-benefit rules to evaluate small, large and ultra-large projects.
Evaluating Health Risks, Paperback (April 1995)
This book presents the techniques for evaluating changes in health and asks whether we are willing to pay the costs for our health care system.
Cost-Benefit Analysis of Environmental Change, Paperback (August 1993)
An advanced text in applied welfare economics and its application to environmental economics, providing detailed rules for the economic assessment of projects which affect the environment.
Economic Theory and Measurement of Environmental Benefits, Paperback (October 1987)» View all books by Per-Olov Johansson
This book is an advanced text in welfare economics and its application to environmental economics.
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