Title:
The welfare economics of public policy : a practical approach to project and policy evaluation
Author:
Just, Richard E.
ISBN:
9781843766889
9781845425784
Personal Author:
Publication Information:
Cheltenham, UK ; Northampton, MA : E. Elgar, c2004.
Physical Description:
xvii, 688 p. : ill. ; 25 cm.
Contents:
Pareto optimality and the pareto criterion -- The compensation principle and the welfare function -- Welfare measurement for the producer -- Consumer surplus and consumer welfare -- Willingness to pay and consumer welfare -- Factor supply and factor owner welfare -- Aggregation and economic welfare analysis of market-oriented policies -- Multimarket analysis and general equilibrium considerations -- The welfare economics of market structure with applications to international trade -- The welfare economics of information with applications to advertising and information policy -- Stochastic welfare economics with applications to agricultural policy analysis -- Nonmarket welfare measurement with applications to environmental economic policy -- Intertemporal considerations in cost-benefit analysis with applications to natural resource economics -- Conclusions and further considerations.
Abstract:
"This text provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources.".
"The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economics and provides an essential reference for practitioners of applied welfare economics."--BOOK JACKET.