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Titlebook: Welfare Economics and Second-Best Theory; A Distortion-Analysi Richard S. Markovits Textbook 2020 Springer Nature Switzerland AG 2020 Secon

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发表于 2025-3-21 16:10:59 | 显示全部楼层 |阅读模式
书目名称Welfare Economics and Second-Best Theory
副标题A Distortion-Analysi
编辑Richard S. Markovits
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概述Develops and legitimates a new protocol for economic-efficiency analysis.Investigates the implications of the General Theory of Second Best for economic-efficiency analysis.Illustrates how its third-b
图书封面Titlebook: Welfare Economics and Second-Best Theory; A Distortion-Analysi Richard S. Markovits Textbook 2020 Springer Nature Switzerland AG 2020 Secon
描述.This book examines the implications of The General Theory of Second Best for analyzing the economic efficiency of non-government conduct or government policies in an economically efficient way.  It develops and legitimates an economically efficient economic-efficiency-analysis protocol with three unique characteristics: First, the protocol focuses separately on each of a wide variety of categories of economic inefficiency, many of which conventional analyses ignore. Second, it analyzes the impact of conduct or policies on each of these categories of economic inefficiency, primarily by predicting the respective conduct’s/policy’s impact on the distortion that the economy’s various Pareto imperfections generate in the profits yielded by the resource allocations associated with the individual categories of economic inefficiency—i.e., on the difference between their profitability and economic efficiency.  And third, it is third-best—i.e., it instructs the analyst toexecute a theoretical or empirical research project if and only if the economic-efficiency gains the project is expected to generate by increasing the accuracy of economic-efficiency conclusions exceed the predicted allocat
出版日期Textbook 2020
关键词Second-best theory; Economic efficiency; Pareto imperfections; Third-best economic efficiency; Welfare e
版次1
doihttps://doi.org/10.1007/978-3-030-43360-4
isbn_softcover978-3-030-43362-8
isbn_ebook978-3-030-43360-4
copyrightSpringer Nature Switzerland AG 2020
The information of publication is updating

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https://doi.org/10.1007/978-3-030-43360-4Second-best theory; Economic efficiency; Pareto imperfections; Third-best economic efficiency; Welfare e
发表于 2025-3-22 07:01:09 | 显示全部楼层
Conclusion,The conclusion briefly summarizes the content of this study and expresses the hope that the economic-efficiency-analysis protocol it recommends or some superior variant of this protocol others develop will be used and will increase both the economic efficiency and the overall desirability of government decisions.
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Richard S. MarkovitsDevelops and legitimates a new protocol for economic-efficiency analysis.Investigates the implications of the General Theory of Second Best for economic-efficiency analysis.Illustrates how its third-b
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The Concept of the Impact of a Choice (or Natural Event) on Economic Efficiency,cy and to the definitions of “the impact of a choice on economic efficiency” implicit in the Kaldor-Hicks test for economic efficiency, the Scitovsky test for economic efficiency, and the potentially-Pareto-superior test for economic efficiency.
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,The Economics Profession’s Responses to The General Theory of Second Best: Descriptions and Critiquon Stud 24:11–32, .). Section . explains the deficiencies both of two influential arguments for the economic efficiency of ignoring Second Best and of the arguments for the economic efficiency of 6 decision-rules that are alleged to respond appropriately to Second Best. Section . also argues that—al
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