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A theory of fairness and social welfare
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A theory of fairness and social welfare
Book

A theory of fairness and social welfare

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Overview
\"The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles\"-- Provided by publisher.
Publisher
Cambridge University Press
ISBN
9780521887427, 0521887429, 9780521715348, 0521715342
Item info:
1 item available
1 item total in all locations
Holdings :
Call Number Copies Material Location
HM671.F573 2011 1 BOOK AUTOSTORE