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Feldman, Allan M. (Brown University); Serrano, Roberto - Welfare Economics and Social Choice Theory - 9781441939883 - V9781441939883
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Welfare Economics and Social Choice Theory

€ 228.41
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Description for Welfare Economics and Social Choice Theory Paperback. Num Pages: 404 pages, 8 black & white tables, biography. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 231 x 157 x 23. Weight in Grams: 590.
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 ... Read more

Product Details

Format
Paperback
Publication date
2010
Publisher
Springer-Verlag New York Inc. United States
Number of pages
404
Condition
New
Number of Pages
404
Place of Publication
New York, NY, United States
ISBN
9781441939883
SKU
V9781441939883
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

About Feldman, Allan M. (Brown University); Serrano, Roberto
Allan M. Feldman has taught economics at Brown University for 34 years. He has written and published articles in the areas of general equilibrium theory, fairness and equity, Arrow’s theorem, strategy-proofness, majority voting theory, compensation criteria, the value of life, and law and economics. He has taught thousands of Brown undergraduates in a wide variety of courses, and has served ... Read more

Reviews for Welfare Economics and Social Choice Theory
The book, WELFARE ECONOMICS AND SOCIAL CHOICE THEORY, 2nd Edition, by Allan M. Feldman and Roberto Serrano, is an admirable compact distillation of these subjects. What is remarkable is the full and careful presentation of the major results in these areas in a very elementary way, using only very simple mathematical tools with no loss of rigor in the results." ... Read more

Goodreads reviews for Welfare Economics and Social Choice Theory


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