Fairness Or Efficiency

Author : Marc Fleurbaey,François Maniquet
Publisher : Cambridge University Press
Page : 315 pages
File Size : 40,8 Mb
Release : 2011-06-13
Category : Political Science
ISBN : 9781139498777

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A Theory of Fairness and Social Welfare by Marc Fleurbaey,François Maniquet Pdf

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.

Author : Edward E. Zajac
Publisher : Unknown
Page : 152 pages
File Size : 47,5 Mb
Release : 1978
Category : Public utilities
ISBN : UCAL:B4382599

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Fairness Or Efficiency by Edward E. Zajac Pdf

Author : Lee Anne Fennell,Richard H. McAdams
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 43,6 Mb
Release : 2013
Category : Cost effectiveness
ISBN : 178100529X

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Fairness in Law and Economics by Lee Anne Fennell,Richard H. McAdams Pdf

Although the relationship between fairness and the economic concept of efficiency is usually cast as an adversarial one, this collection demonstrates the robust and diverse ways in which economics engages - and cannot avoid engaging - with fairness. Part I contains papers presenting positive analyses of fairness preferences and beliefs, which are fundamental means through which fairness matters for economic models. Part II turns to normative analysis and the broad question of how law should reconcile fairness and efficiency considerations. Part III presents a sampling of legal and policy applications in which both fairness and efficiency considerations prove important. Along with an original introduction by the editors this is a must-have volume that will appeal to students, academics and practitioners who are interested in this exciting field.

Author : Elisha Pazner
Publisher : Unknown
Page : 28 pages
File Size : 43,9 Mb
Release : 1975
Category : Fairness
ISBN : NWU:35556026313189

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Pitfalls in the Theory of Fairness by Elisha Pazner Pdf

Author : Daniel Friedman,Robert Allen McGuire
Publisher : Unknown
Page : 48 pages
File Size : 54,7 Mb
Release : 1988
Category : Economics
ISBN : UCSC:32106019208435

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Fairness as an Efficiency-enhancing Constraint by Daniel Friedman,Robert Allen McGuire Pdf

Author : Robert Ernest Hall
Publisher : A E I Press
Page : 127 pages
File Size : 49,9 Mb
Release : 1996
Category : Flat-rate income tax
ISBN : 0844770620

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Fairness and Efficiency in the Flat Tax by Robert Ernest Hall Pdf

These experts present a lively discussion of the pros and cons of the proposals for a flat tax, think through the likely effects of such a radical change, and make clear what can seem a confusing array of facts and figures.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 50,7 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 1784714437

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Fairness in Law and Economics by Anonim Pdf

Author : Edward E. Zajac
Publisher : MIT Press
Page : 348 pages
File Size : 44,5 Mb
Release : 1995
Category : Business & Economics
ISBN : 0262740192

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Political Economy of Fairness by Edward E. Zajac Pdf

This work questions how governments should balance the aims of justice and economic efficiency when intervening in the economy. It covers the main advances of fairness theory and reviews the experimental work of economists as well as the more standard approaches of moral philosophers.

Author : Arthur M. Okun
Publisher : Brookings Institution Press
Page : 171 pages
File Size : 53,6 Mb
Release : 2015-04-30
Category : Business & Economics
ISBN : 9780815726548

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Equality and Efficiency REV by Arthur M. Okun Pdf

Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers

Author : George Miller
Publisher : Policy Press
Page : 488 pages
File Size : 46,5 Mb
Release : 2000
Category : Distributive justice
ISBN : 1861342217

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On Fairness and Efficiency by George Miller Pdf

This book offers a major new analysis of the political economy in Britain over the past 1,000 years. The author demonstrates an impressive and thorough knowledge of law, economics, politics, medicine and social history. The assessment of the privatisation of the public income and its consequences represents an astonishing tour-de-force.On fairness and efficiency:engages in a wide-ranging sweep of history from pre-Norman times to the present;gives a lucid explanation of the complex economic and political history of Britain that has given rise to the present state of Welfare Capitalism;has great contemporary relevance.·[vbTab]The fundamental links between the distributions of health and wealth in society is of concern to the medical profession, public health professionals, welfare economists, political scientists/politicians, moralists and philosophers.

Author : McCain, Roger A.
Publisher : Edward Elgar Publishing
Page : 240 pages
File Size : 44,5 Mb
Release : 2021-08-27
Category : Business & Economics
ISBN : 9781839108020

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Comparing Fairness by McCain, Roger A. Pdf

Economic theory and philosophy have discussed concepts of fairness, but the criteria of fairness are in each case absolute: a situation is either fair or it is not. This book draws on these literatures to propose two criteria of relative fairness, and a hierarchical rule for the priority of application of these criteria, with a view to comparison of practicable alternatives in public policy.

Author : The Core Team
Publisher : Oxford University Press, USA
Page : 0 pages
File Size : 48,5 Mb
Release : 2019
Category : Economic policy
ISBN : 0198849842

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Economy, Society and Public Policy by The Core Team Pdf

Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.

Author : Jay Tidmarsh
Publisher : Unknown
Page : 0 pages
File Size : 47,6 Mb
Release : 2013
Category : Electronic
ISBN : 0769899897

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Class Actions by Jay Tidmarsh Pdf

Author : Takashi Hayashi
Publisher : Springer Nature
Page : 544 pages
File Size : 49,9 Mb
Release : 2021-07-21
Category : Mathematics
ISBN : 9789811635410

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Microeconomic Theory for the Social Sciences by Takashi Hayashi Pdf

This textbook covers microeconomic theory at the level of intermediate and advanced undergraduates. It is also intended as an introduction for those with other intellectual and academic backgrounds who may not necessarily agree with “mainstream” economists but at least are interested knowing how they think and see things. The book provides thorough explanations of definitions and assumptions that the theory is based upon. It provides comprehensive accounts of motivations and reservations behind the theory. As well, it precisely presents the logical process of how the assumptions lead to the conclusion, conveying the intuition and the key of the arguments. An abundance of topics is included here: individual choice, general equilibrium, partial equilibrium, game theory, imperfect competition, transaction under incomplete information, market failures, welfare economics, social choice and mechanism design. The book is a valuable resource for any reader studying or simply interested in microeconomic theory.

Author : Aaron James
Publisher : OUP USA
Page : 381 pages
File Size : 40,6 Mb
Release : 2012-04-13
Category : Business & Economics
ISBN : 9780199846153

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Fairness in Practice by Aaron James Pdf

In this book, the author argues that to achieve a fair global economy, there must be compensation of people harmed by their exposure to the global economy, but also equal division of the "gains of trade" across societies.