Economic Efficiency and Social Welfare (Routledge Revivals): Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare

Author:   E. Mishan
Publisher:   Taylor & Francis Ltd
ISBN:  

9780415682350


Pages:   292
Publication Date:   29 June 2011
Format:   Hardback
Availability:   In Print   Availability explained
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Economic Efficiency and Social Welfare (Routledge Revivals): Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare


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Full Product Details

Author:   E. Mishan
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Dimensions:   Width: 18.90cm , Height: 2.20cm , Length: 24.60cm
Weight:   0.700kg
ISBN:  

9780415682350


ISBN 10:   0415682355
Pages:   292
Publication Date:   29 June 2011
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

PART 1: ECONOMIC CRITERIA 1. A Reappraisal of the Principles of Resource Allocation 2. Second thoughts on Second Best 3. The Recent Debate on Welfare Criteria 4. Welfare Criteria: Resolution of a Paradox 5. Economic Criteria for Intergenerational Comparisons PART 2: ECONOMIC RENT OR SURPLUS 6. The Plain Truth About Consumer Surplus 7. Rent as a Measure of Welfare Change 8. What is Producer’s Surplus? PART 3: EXTERNALITIES 9. Evaluation of Life and Limb: A Theoretical Approach 10. Interpretation of the Benefits of Private Transport 11. Pareto Optimality and the Law 12. What is the Optimal Level of Pollution? 13. The Postwar Literature on Externalities: An Interpretive Essay PART 4: PROJECT EVALUATION 14. Flexibility and Consistency in Project Evaluation 15. The Use of Compensating and Equivalent Variations in Cost-Benefit Analysis 16. The Nature of Economics Expertise Reconsidered 17. The Use of DPV in Public Investment Criteria: A Critique 18. The Difficulty in Evaluating Long-lived Projects PART 5: REFLECTIONS ON ECONOMIC EFFICIENCY AND SOCIAL WELFARE 19. What is Wrong With Roskill? 20. The Folklore of the Market: An Inquiry into the Economic Doctrines of the Chicago School 21. Do Economic Evaluations of Allocative Changes Have Any Validity in the West Today? 22. Whatever Happened to Progress?

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