Welfare Economics and Social Choice Theory
Second Edition 2006
Book Details
Format
Paperback / Softback
ISBN-10
1441939881
ISBN-13
9781441939883
Edition
Second Edition 2006
Publisher
Springer-Verlag New York Inc.
Imprint
Springer-Verlag New York Inc.
Country of Manufacture
US
Country of Publication
GB
Publication Date
Oct 29th, 2010
Print length
404 Pages
Weight
620 grams
Dimensions
23.10 x 15.70 x 2.30 cms
Product Classification:
Economic theory & philosophyEconomic theory and philosophyMicroeconomics
Ksh 28,800.00
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This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting.
Preferences and Utility.- Barter Exchange.- Welfare Properties of Market Exchange.- Welfare Properties of "Jungle" Exchange.- Economies with Production.- Uncertainty in Exchange.- Externalities.- Public Goods.- Compensation Criteria.- Fairness and the Rawls Criterion.- Life and Death Choices.- Majority Voting.- Arrow''s Impossibility Theorem.- Dominant-Strategy Implementation.- Nash Implementation.- Bayesian Implementation.- Epilogue.
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