A Theory of Fairness and Social Welfare: 48 (Econometric Society Monographs, Series Number 48) - Image 1

£86.39

Cambridge University Press A Theory of Fairness and Social Welfare: 48 (Econometric Society Monographs, Series Number 48)

Name: A Theory of Fairness and Social Welfare: 48 (Econometric Society Monographs, Series Number 48)
Brand: Cambridge University Press
Price: 86.39 GBP
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6 Tables, unspecified; 89 Line drawings,

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The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles.

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Brand: Cambridge University Press
Model: 6 Tables, unspecified; 89 Line drawings,
Format: hardcover
ASIN: 0521887429
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 13 June 2011
Listed Since: 02 November 2010

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Cambridge University Press A Theory of Fairness and Social Welfare: 48 (Econometric Society Monographs, Series Number 48)

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