Welfare Economics : Towards a More Complete Analysis
Softcover reprint of the original 1st ed. 2004
by
Y. Ng
Book Details
Format
Paperback / Softback
ISBN-10
1349429430
ISBN-13
9781349429431
Edition
Softcover reprint of the original 1st ed. 2004
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 2004
Print length
355 Pages
Weight
464 grams
Dimensions
13.90 x 21.60 x 2.40 cms
Ksh 16,200.00
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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.
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.
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