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The Measurement Of Social Welfare


The Measurement Of Social Welfare
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Welfare Measuring Social Welfare


Welfare Measuring Social Welfare
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Author : Dale Weldeau Jorgenson
language : en
Publisher: MIT Press
Release Date : 1997

Welfare Measuring Social Welfare written by Dale Weldeau Jorgenson and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.


This volume presents an approach to the evaluation of economic policies through the econometric modeling of aggregate consumer behavior. While the preferences of individual consumers are revealed by their market choices, these preferences can be recovered only by econometric methods, not through the index numbers used in the official statistics. The richer and more robust methodology presented in this volume provides a fruitful point of departure for future policy evaluations. The econometric approach replaces ordinal measures of individual welfare that cannot be compared among individuals with cardinal measures that can. These are combined into an indicator of social welfare that reflects principles of horizontal and vertical equity. This approach unifies the measurement of poverty, inequality, and cost and standard of living. It extends the scope of normative economics to a broader range of issues in the evaluation of economic and social policies.



The Measurement Of Social Welfare


The Measurement Of Social Welfare
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Author : Jerome Rothenberg
language : en
Publisher: Westport, Conn : Greenwood Press
Release Date : 1973

The Measurement Of Social Welfare written by Jerome Rothenberg and has been published by Westport, Conn : Greenwood Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Political Science categories.




The Measurement Of Social Welfare


The Measurement Of Social Welfare
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Author : Dale Weldeau Jorgenson
language : en
Publisher:
Release Date : 1986

The Measurement Of Social Welfare written by Dale Weldeau Jorgenson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Econometrics categories.




Social Welfare Functions And Development


Social Welfare Functions And Development
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Author : Nanak Kakwani
language : en
Publisher: Springer
Release Date : 2016-06-30

Social Welfare Functions And Development written by Nanak Kakwani and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-30 with Business & Economics categories.


Nanak Kakwani and Hyun Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of development are to have policy relevance, they must be assessed on the basis of the social objectives in question. This study develops indicators that are sensitive to both the level and the distribution of individuals’ capabilities. The idea of the social welfare function, defined in income space, is extended to the concept of the social well-being function, defined in capability space. Through empirical analysis from selected developing countries, with a particular focus on Brazil, the authors shape techniques appropriate to the analysis of development in different dimensions. The focus of this evidence-based policy analysis is to evaluate alternative policies affecting the capacities of people to enjoy a better life.



The Measurement Of Welfare


The Measurement Of Welfare
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Author : Angus Deaton
language : en
Publisher:
Release Date : 1985

The Measurement Of Welfare written by Angus Deaton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Political Science categories.




Measuring Social Welfare


Measuring Social Welfare
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Author : Matthew D. Adler
language : en
Publisher: Oxford University Press, USA
Release Date : 2019

Measuring Social Welfare written by Matthew D. Adler and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.


Disputes over government policies rage in a number of areas. From taxation to climate change, from public finance to risk regulation, and from health care to infrastructure planning, advocates debate how policies affect multiple dimensions of individual well-being, how these effects balance against each other, and how trade-offs between overall well-being and inequality should be resolved. How to measure and balance well-being gains and losses is a vexed issue. Matthew D. Adler advances the debate by introducing the social welfare function (SWF) framework and demonstrating how it can be used as a powerful tool for evaluating governmental policies. The framework originates in welfare economics and in philosophical scholarship regarding individual well-being, ethics, and distributive justice. It has three core components: a well-being measure, which translates each of the possible policy outcomes into an array of interpersonally comparable well-being numbers, quantifying how well off each person in the population would be in that outcome; a rule for ranking outcomes thus described; and an uncertainty module, which orders policies understood as probability distributions over outcomes. The SWF framework is a significant improvement compared to cost-benefit analysis (CBA), which quantifies policy impacts in dollars, is thereby biased towards the rich, and is insensitive to the distribution of these monetized impacts. The SWF framework, by contrast, uses an unbiased measure of well-being and allows the policymaker to consider both efficiency (total well-being) and equity (the distribution of well-being). Because the SWF framework is a fully generic methodology for policy assessment, Adler also discusses how it can be implemented to inform government policies. He illustrates it through a detailed case study of risk regulation, contrasting the implications of results of SWF and CBA. This book provides an accessible, yet rigorous overview of the SWF approach that can inform policy-makers and students.



Measuring Social Welfare


Measuring Social Welfare
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Author :
language : en
Publisher:
Release Date : 1997

Measuring Social Welfare written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.




A Theory Of Fairness And Social Welfare


A Theory Of Fairness And Social Welfare
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Author : Marc Fleurbaey
language : en
Publisher:
Release Date : 2014-05-14

A Theory Of Fairness And Social Welfare written by Marc Fleurbaey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-14 with Fairness categories.


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.



A Theory Of Fairness And Social Welfare


A Theory Of Fairness And Social Welfare
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Author : Marc Fleurbaey
language : en
Publisher: Cambridge University Press
Release Date : 2011-06-13

A Theory Of Fairness And Social Welfare written by Marc Fleurbaey and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-13 with Political Science categories.


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.



An Introduction To The Welfare Economics


An Introduction To The Welfare Economics
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Author : DR. SUBHASH
language : en
Publisher: RED'SHINE Publication. Pvt. Ltd
Release Date : 2018-12-19

An Introduction To The Welfare Economics written by DR. SUBHASH and has been published by RED'SHINE Publication. Pvt. Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-19 with Business & Economics categories.


This book could not have been possible without collaborative efforts and support of my colleagues at Dronacharya Govt. College Gurugram, Haryana, India. My special thanks to Prof. Bhup Singh, Head of the Dept., Sociology who always inspires me to do research work, papers presentation in seminars and writing of books/articles/papers etc. I am also very thankful to my colleagues and friends Dr. Sudhir Samantrai, Dr. Mool Chand, Ms. Nitasha Joon, Shri Sandeep Yadav, Dr. Sushil K. Saini, Dr. Karamvir, Dr. Garima Yadav, Sachin, Dr. Sunita who helped me directly or indirectly at many occasions in the college.