Welfare economics : introduction and development of basic concepts

Author(s)

• Ng, Yew-Kwang

Bibliographic Information

Welfare economics : introduction and development of basic concepts

Yew-Kwang Ng

Macmillan Education, c1983

Rev. ed

• : pbk.

Note

Bibliography: p. [293]-327

Includes index

Description and Table of Contents

Description

Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

by "Nielsen BookData"

Details

• NCID: BA07450213
• ISBN:
  • 0333345762
  • 0333345770
• Country Code: uk
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Houndmills, Hampshire
• Pages/Volumes: xvi, 333 p.
• Size: 23 cm
• Classification:
  • LCC : HB99.3
• Subject Headings:
  • LCSH : Welfare economics