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008			041122s2004 enka b 001 0 eng d
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011			_aBIB MATCHES WORLDCAT
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035			_a(ATU)b10934959
035			_a(OCoLC)52203174
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042			_apcc
050	0	0	_aHB99.3 _b.N449 2004
082	0	0	_a330.1556 _221
100	1		_aNg, Yew-Kwang, _eauthor. _9259156
245	1	0	_aWelfare economics : _btowards a more complete analysis / _cYew-Kwang Ng.
264		1	_aBasingstoke, Hampshire ; _aNew York : _bPalgrave Macmillan, _c2004.
300			_axiii, 355 pages : _billustrations ; _c23 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 306-350) and index.
505	0	0	_tIs welfare economics a positive or normative study? -- _tWelfare versus utility -- _tUtility measurability and interpersonal comparability -- _tBasic Value Judgments and Subjective Judgments of Fact -- _tPareto Optimality -- _tThe Pareto principle -- _tThe conditions for Pareto optimality -- _tThe attainment of Pareto optimality -- _tThe First-Order Conditions for Pareto Optimality -- _tThe Direction of Welfare Change: Welfare Criteria -- _tThe debate on compensation tests -- _tTaking distribution into account: Little's criterion -- _tThe inadequacy of purely distributional rankings -- _tRetreat to purely efficiency comparisons -- _tQuasi-Pareto improvements -- _tThe Magnitude of Welfare Change: Consumer Surplus -- _tThe origin of the concept: Dupuit and Marshall -- _tHicks' four measures and the average cost difference -- _tWhich measure? -- _tAggregation over commodities: the issue of path dependency -- _tAggregation over individuals: the Boadway paradox -- _tThe approximate nature of surplus measurement -- _tConsumer surplus of diamond goods -- _tSome uses of surplus measurement -- _tCV, EV or Marginal Dollar Equivalent? -- _tAcceptability of the Marshallian Measure--The Benchmark Case of a Cobb--Douglas Utility Function -- _tSocial Choice -- _tArrow's impossibility theorem -- _tThe impossibility propositions by Kemp--Ng and Parks -- _tCan the paradox of social choice be resolved? -- _tRevealing the intensity of preferences -- _tA dollar is a dollar: a 90 per cent solution to the paradox of interpersonal cardinal utility -- _tThe possibility of a Paretian liberal --
505	0	0	_g1. _tIntroduction -- _g2. _tPareto Optimality -- _g3. _tThe Direction of Welfare Change: Welfare Criteria -- _g4. _tThe Magnitude of Welfare Change: Consumer Surplus -- _g5. _tSocial Choice -- _g6. _tThe Optimal Distribution of Income -- _g7. _tExternality -- _g8. _tPublic Goods -- _g9. _tFirst, Second or Third Best? -- _g10. _tBeyond Marginal Analysis: Perspectives from an Inframarginal Analysis of the Division of Labour -- _g11. _tFrom Preference to Happiness -- _g12. _tConclusion: Towards an Interdisciplinary Study of Welfare?
520			_a"This book attempts to make welfare economics more complete by discussing the recent inframarginal analysis of division of labor and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary."--Publisher description.
588			_aMachine converted from AACR2 source record.
650		0	_aWelfare economics _9325806
907			_a.b10934959 _b26-03-18 _c27-10-15
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