Welfare Economics And Social Choice Theory (Hardcover)

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Product Overview

Welfare economics, and social choice theory, are disciplines that blend economics, ethics, political science, and mathematics.

Welfare Economics and Social Choice Theory, 2nd Edition, include models of economic exchange and production, uncertainty, optimality, public goods, social improvement criteria, life and death choices, majority voting, Arrow ''s theorem, and theories of implementation and mechanism design.
Our goal is to make value judgments about economic and political mechanisms: For instance, does the competitive market produce distributions of products and services that are good or bad for society? Does majority voting produce good or bad outcomes? How can we design tax mechanisms that result in efficient amounts of public goods being produced?

We have attempted, in this book, to minimize mathematical obstacles, and to make this field accessible to undergraduate and graduate students and the interested non-expert.

Specifications

Publisher Springer Verlag
Mfg Part# 9780387293677
SKU 202100378
Format Hardcover
ISBN10 0387293671
Release Date 4/10/2007
Physical
Dimensions (in Inches) 9.25H x 6.25L x 1.25T
From the Publisher
Editors Note Welfare economics, and social choice theory, are disciplines that blend economics, ethics, political science, and mathematics.Welfare Economics and Social Choice Theory, 2nd Edition, include models of economic exchange and production, uncertainty, optimality, public goods, social improvement criteria, life and death choices, majority voting, Arrow's theorem, and theories of implementation and mechanism design.Our goal is to make value judgments about economic and political mechanisms:  For instance, does the competitive market produce distributions of products and services that are good or bad for society?   Does majority voting produce good or bad outcomes?  How can we design tax mechanisms that result in efficient amounts of public goods being produced? We have attempted, in this book, to minimize mathematical obstacles, and to make this field accessible to undergraduate and graduate students and the interested non-expert.
Product Attributes
Book Format Hardcover
Edition 0002
Number of Pages 0403
Publisher Springer
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