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Welfare Economics
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Welfare Economics Paperback - 1991

by R. F. Boadway; Bruce Niel


From the publisher

This clear and balanced introduction to welfare economics reflects the most recent advances in the field. Designed for third-year undergraduate and graduate courses, it offers an extensive treatment of both the theory of welfare economics and the techniques for applying that theory to real problems.

The first part of the book presents a synthesis of the theory. Starting from the premise that the purpose of theory is to provide criteria for ordering alternative economic states, the authors analyse the relationship between individual and social orderings. They discuss the conditions of Pareto efficiency and optimality as well as the ways in which market economies may fail to achieve a Pareto optimal allocation of resources. They go on to evaluate the theory of social welfare functions, paying particular attention to recent developments.

The second part of the book considers the principles of applied welfare economics. Developing the use of the compensating variation as their main tool, the authors discuss welfare change measurement in single-person and many-person economies. In the final chapter they survey the recent literature on cost-benefit analysis.

From the rear cover

This clear and balanced introduction to welfare economics reflects the most recent advances in the field. Designed for third-year undergraduate and graduate courses, it offers an extensive treatment of both the theory of welfare economics and the techniques for applying that theory to real problems.

The first part of the book presents a synthesis of the theory. Starting from the premise that the purpose of theory is to provide criteria for ordering alternative economic states, the authors analyse the relationship between individual and social orderings. They discuss the conditions of Pareto efficiency and optimality as well as the ways in which market economies may fail to achieve a Pareto optimal allocation of resources. They go on to evaluate the theory of social welfare functions, paying particular attention to recent developments.

The second part of the book considers the principles of applied welfare economics. Developing the use of the compensating variation as their main tool, the authors discuss welfare change measurement in single-person and many-person economies. In the final chapter they survey the recent literature on cost-benefit analysis.

Details

  • Title Welfare Economics
  • Author R. F. Boadway; Bruce Niel
  • Binding Paperback
  • Edition First Edition
  • Pages 368
  • Volumes 1
  • Language ENG
  • Publisher Wiley-Blackwell, Great Britain
  • Date 1991-01-08
  • Illustrated Yes
  • ISBN 9780631133278 / 0631133275
  • Weight 1.19 lbs (0.54 kg)
  • Dimensions 8.97 x 6.01 x 0.9 in (22.78 x 15.27 x 2.29 cm)
  • Library of Congress subjects Welfare economics
  • Library of Congress Catalog Number 85010778
  • Dewey Decimal Code 330.155

About the author

Robin W. Boadway is Professor of Economics, Queen's University, Ontario, Canada and
Neil Bruce is Professor of Economics, UCLA, USA.
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Welfare Economics
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Welfare Economics

by Boadway, R.W. & Bruce, N.

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John Wiley & Sons, 1984. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:0631133275
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Welfare Economics
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Welfare Economics

by Boadway, R. W. and Bruce, N.

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Basil Blackwell, 1984. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,700grams, ISBN:9780631133278
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Welfare Economics
Stock Photo: Cover May Be Different

Welfare Economics

by Boadway, R. W. and Bruce, N.

  • Used
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Paperback
ISBN 13
9780631133278
ISBN 10
0631133275
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Description:
Basil Blackwell, 1984. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:0631133275
Item Price
NZ$12.50
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Welfare Economics
Stock Photo: Cover May Be Different

Welfare Economics

by Boadway, R. and Bruce, N.

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ISBN 13
9780631133278
ISBN 10
0631133275
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Basil Blackwell, 1984. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:0631133275
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Welfare Economics
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Welfare Economics

by Boadway, R. F.; Niel, Bruce

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Welfare Economics
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Welfare Economics

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Welfare Economics.
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Welfare Economics

by Boadway, R. F.; Niel, Bruce

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