| Welfare Economics: Towards a More Complete Analysis 2004 Edition Contributor(s): Ng, Y. (Author) |
|
 |
ISBN: 0333971213 ISBN-13: 9780333971215 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: December 2003 Annotation: This book attempts to make welfare economics more complete by discussing the recent inframarginal analysis of division of labor and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Theory - Political Science | Public Policy - Economic Policy |
| Dewey: 330.155 |
| LCCN: 2003051788 |
| Physical Information: 1.15" H x 5.8" W x 8.8" (1.32 lbs) 355 pages |
| Descriptions, Reviews, Etc. |
| Publisher 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. |