Theory of fairness and social welfare / Marc Fleurbaey and Francois Maniquet.
Material type: TextSeries: Econometric society monographsPublication details: Cambridge : Cambridge University Press, 2011.Description: xx, 293 p. : ill. ; 24 cmISBN:- 9780521887427 (hardback)
- 330.1556 23 F616
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Books | ISI Library, Kolkata | 330.1556 F616 (Browse shelf(Opens below)) | Available | 135629 |
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330.155 W876 Paul A Samuelson | 330.1556 B214 Essays on applied welfare economics/ | 330.1556 B215 Essays on sequencing problems with welfare bounds/ | 330.1556 F616 Theory of fairness and social welfare / | 330.1556 K96 Amartya Sen's capability approach | 330.1556092 W876 Amartya sen | 330.1556092 W876 Amartya sen |
Includes bibliographical references (p. 279-285) and index.
I. Basics:
1. A contribution to welfare economics;
2. Efficiency versus equality;
3. Priority to the worst-off;
4. The informational basis of social orderings --
II. Distribution:
5. Fair distribution of divisible goods: two approaches;
6. Specific domains;
7. Extensions --
III. Production:
8. Public goods;
9. Private goods;
10. Unequal skills;
11. Income taxation;
12. Conclusions --
Appendix A: Proofs--
Bibliography--
Index.
"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"--
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