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Welfare Economics and Social Choice Theory by Allan M. Feldman (1980, Hardcover)

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About this product

Product Identifiers

PublisherSpringer

ISBN-100898380332

ISBN-139780898380330

eBay Product ID (ePID)1114890

Product Key Features

Number of Pages244 Pages

LanguageEnglish

Publication NameWelfare Economics and Social Choice Theory

Publication Year1980

SubjectEconomics / Microeconomics, Public Policy / Social Services & Welfare, General

TypeTextbook

AuthorAllan M. Feldman

Subject AreaPolitical Science, Social Science, Business & Economics

FormatHardcover

Dimensions

Item Weight18.4 Oz

Item Length9.1 in

Item Width5.9 in

Additional Product Features

Intended AudienceCollege Audience

LCCN79-025744

Dewey Edition19

IllustratedYes

Dewey Decimal330.1556

SynopsisWelfare 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, Arrowa (TM)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.

LC Classification NumberHB99.3