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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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The Symbols for Various Pareto Imperfections, Private and Allocative Concepts, Categories of Resourconomy may contain. Section . specifies the symbols I use to reference, respectively, private-benefit, private-cost, (private) profit, allocative-benefit, allocative-cost, and allocative-efficiency figures. Section . specifies the symbols I use to reference, respectively, three categories of resourc
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The Vocabulary and Symbols of Distortion Analysis,” in such a private figure, and the concept of the “aggregate percentage-distortion” in such a private figure. Section . defines three basic categories of profit-distortion formulas: conventional, otherwise-Pareto-perfect (oPp) profit-distortion formulas, onesy (1E) formulas for the “aggregate disto
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Analyses of Various Step-Wise-Monopoly Distortions,d) distortion in the private benefits that a specifiable unit-output (UO) producer did obtain/would have obtained by selling a specified unit of output it produced/could have produced, that a specifiable QV investor did obtain/would have obtained by using a specified QV investment it created/could h
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The Various Non-Monopoly Step-Wise Private-Benefit, Private-Cost, and Profit Distortions, chapter does not attempt to be as comprehensive as Chap. .. Instead, each of its six sections makes some salient comments on (1) the step-wise distortions that all exemplars of one of the six types of Pareto imperfections other than imperfections in seller competition generate in the private benefi
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The Approach that Would Be TBLE for a Government to Take to Economic-Efficiency Prediction/Post-dicach to economic-efficiency prediction/post-diction to be TBLE. The issues it references include (1) whether to legally obligate non-government actors to supply relevant information, whether and how to compensate them for doing so, how to evaluate the information they supply, (2) the criteria to be u
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Textbook 2020t 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 conventi
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for economic-efficiency analysis.Illustrates how its third-b.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
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