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Welfare Economics and Externalities in an Open-Ended Universe : A Modern Austrian Perspective by Roy E. Cordato (1992, Library Binding)
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Welfare Economics and Externalities in an Open-Ended Universe: A Modern Austrian Perspective.
- Buy It NowWelfare Economics and Externalities in an Open Ended Universe-Roy Cordato (1992)
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About this product
Product Identifiers
PublisherSpringer Netherlands
ISBN-100792392469
ISBN-139780792392460
eBay Product ID (ePID)403238
Product Key Features
Number of PagesXx, 140 Pages
LanguageEnglish
Publication NameWelfare Economics and Externalities in an Open-Ended Universe : a Modern Austrian Perspective
SubjectEconomics / Microeconomics, General, Public Policy / Social Services & Welfare, Political, Economics / Theory
Publication Year1992
TypeTextbook
Subject AreaPhilosophy, Political Science, Business & Economics
AuthorRoy E. Cordato
FormatLibrary Binding
Dimensions
Item Weight14.5 Oz
Additional Product Features
Intended AudienceScholarly & Professional
LCCN92-019778
Number of Volumes1 vol.
IllustratedYes
SynopsisAlong 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.
LC Classification NumberHB172JA1-92B65
