Welfare Economics: Towards a More Complete Analysis

★★★★★ 4.6 100 reviews

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Management number 233312882 Release Date 2026/06/27 List Price US$38.36 Model Number 233312882
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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. Read more

ISBN10 0333971213
ISBN13 978-0333971215
Edition 2004th
Language English
Publisher Palgrave Macmillan
Dimensions 5.8 x 1.15 x 8.8 inches
Item Weight 1.25 pounds
Print length 368 pages
Publication date December 19, 2003

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