Welfare Economics and Externalities In An Open Ended Universe
By:R. Cordato
Published on 2013-03-09 by Springer Science & Business Media
Along with the renewed interest in the Austrian school of economics over the last two decades, important advances have been made in applying its princples to concrete issues that typically face market economics. However, very little has been done in the area of externalities and the concept of social efficiency. The overarching purpose of this book is to establish a sound theoretical basis for further empirical and public policy analysis in the area of externalities. In order to do this, a general theory of welfare economics is required. The author offers an alternative to the conventional neoclassical welfare paradigm -- his construct does not include perfect competition or general equilibrium. After the author develops his theory of welfare economics, he interprets externalities in light of the theory and discusses policy remedies and directions for further research.
This Book was ranked at 39 by Google Books for keyword markets and efficiency.
Book ID of Welfare Economics and Externalities In An Open Ended Universe's Books is hRbTBwAAQBAJ, Book which was written byR. Cordatohave ETAG "i2u/oMOf+bA"
Book which was published by Springer Science & Business Media since 2013-03-09 have ISBNs, ISBN 13 Code is 9781475721454 and ISBN 10 Code is 1475721455
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