A Theory of Fairness and Social Welfare

A Theory of Fairness and Social Welfare

Author: Marc Fleurbaey

Publisher: Cambridge University Press

Published: 2011-06-13

Total Pages: 315

ISBN-13: 1139498770

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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.


Welfare Economics and Social Choice Theory

Welfare Economics and Social Choice Theory

Author: Allan M. Feldman

Publisher: Springer Science & Business Media

Published: 2006-06-14

Total Pages: 401

ISBN-13: 038729368X

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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. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.


Welfare Theory, Public Action, and Ethical Values

Welfare Theory, Public Action, and Ethical Values

Author: Roger E. Backhouse

Publisher: Cambridge University Press

Published: 2021-03-25

Total Pages: 349

ISBN-13: 1108841457

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This volume revisits the history of welfare economics, showing that economists have regularly drawn on ethical values for practical issues.


Five Theories of Welfare Economics. An Evaluation

Five Theories of Welfare Economics. An Evaluation

Author: IRSHAD CV

Publisher: GRIN Verlag

Published: 2016-09-13

Total Pages: 19

ISBN-13: 3668297347

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Seminar paper from the year 2016 in the subject Economy - Health Economics, , language: English, abstract: This is a collective analysis of five major economic theories of welfare. Here each of the theories is explained separately in a brief manner. The diagrammatic representation is also used here to understand the concepts easily. Further an evaluation of each theory has also been provided along with the discussion. This note includes the following five welfare economic theories. 1) Pareto Optimality; 2) Kaldor-Hicks Compensation Criterion; 3) Social Welfare Function of Bergson and Samuelsson; 4) Scitovisky Criterion; and 5) Amartya Sen’s Theory of Welfare.


Welfare Theory

Welfare Theory

Author: Tony Fitzpatrick

Publisher: Palgrave Macmillan

Published: 2001-11-10

Total Pages: 238

ISBN-13: 9780333778432

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Social policy debates often get lost in highly technical discussions and in day-to-day politics. This introduction to welfare theory offers an alternative approach to understanding social policy. It reviews the concepts of welfare, equality, liberty and citizenship, key political and sociological themes, old and new welfare ideologies, as well as recent theoretical developments including globalization, postmodernism and risk society.


Welfare Theory

Welfare Theory

Author: Tony Fitzpatrick

Publisher: Bloomsbury Publishing

Published: 2011-07-25

Total Pages: 264

ISBN-13: 0230345972

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What are the concepts and principles that underpin the design and delivery of social policies? This thoroughly revised edition of a trusted text provides an authoritative introduction to the theoretical framework of social policy. Drawing upon the fields of politics, sociology and philosophy, the book offers analysis of the history and relevance of a range of core concepts such as equality, liberty, citizenship and power. It explores key ideologies of welfare, including Marxism, Feminism and the Radical Right, and presents critical perspectives on the nature of society and class. A stimulating combination of classic debates and recent developments in the field, this edition: - Features an entirely new chapter on the growing influences of global justice and environmentalism - Includes thought-provoking new 'Questions for Further Discussion' at the end of each chapter - Addresses fundamental issues in contemporary society such as social exclusion, social division and the nature of happiness Written in a down-to-earth and engaging style, this major text is essential introductory reading for all students of Social Policy, as well as for any student of Sociology, Politics or Public Policy seeking to understand what is at stake in welfare policies of the 21st century.


Welfare Economic Theory

Welfare Economic Theory

Author: John Oconnell

Publisher: Praeger

Published: 1982-04-30

Total Pages: 232

ISBN-13:

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Introduces those with relatively little mathematical training and only an intermediate economic theory course to the important economic issues of collective choice and public welfare. Two central topics are addressed: the ability of government to assess and reflect social concerns, and the effectiveness of government in achieving its stated objectives. An important book for anyone interested in economic policy making.


Welfare

Welfare

Author: Norman P. Barry

Publisher: U of Minnesota Press

Published: 1999

Total Pages: 172

ISBN-13: 9780816632251

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This is the second edition of a well-established study of perhaps the most controversial and contested concept in the social sciences. The book traces the historical origins of welfare to eighteenth-century sources in moral and social philosophy and shows how, in the evolution of the concept, doctrines of welfare have been associated with a variety of social philosophies, including utilitarianism, rights, individualism and collectivism. The result is a well-rounded text for students of politics, sociology and social policy, and an essential reference for researchers as well as those with a wider interest in the welfare state.