The Measurement Of Social Welfare PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Measurement Of Social Welfare PDF full book. Access full book title The Measurement Of Social Welfare.
Author | : Matthew D. Adler |
Publisher | : Oxford University Press, USA |
Total Pages | : 337 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 0190643021 |
Download Measuring Social Welfare Book in PDF, ePub and Kindle
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.
Author | : Dale Weldeau Jorgenson |
Publisher | : MIT Press |
Total Pages | : 476 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780262100632 |
Download Welfare: Measuring social welfare Book in PDF, ePub and Kindle
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.
Author | : Jerome Rothenberg |
Publisher | : Westport, Conn : Greenwood Press |
Total Pages | : 376 |
Release | : 1973 |
Genre | : Political Science |
ISBN | : |
Download The Measurement of Social Welfare Book in PDF, ePub and Kindle
Author | : Nanak Kakwani |
Publisher | : Springer |
Total Pages | : 380 |
Release | : 2016-06-30 |
Genre | : Business & Economics |
ISBN | : 1137583258 |
Download Social Welfare Functions and Development Book in PDF, ePub and Kindle
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.
Author | : Marc Fleurbaey |
Publisher | : Cambridge University Press |
Total Pages | : 315 |
Release | : 2011-06-13 |
Genre | : Political Science |
ISBN | : 1139498770 |
Download A Theory of Fairness and Social Welfare Book in PDF, ePub and Kindle
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 | : Matthew D. Adler |
Publisher | : Oxford University Press |
Total Pages | : 240 |
Release | : 2019-09-23 |
Genre | : Political Science |
ISBN | : 0190643048 |
Download Measuring Social Welfare Book in PDF, ePub and Kindle
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.
Author | : F. M. A. da Fonseca |
Publisher | : |
Total Pages | : 0 |
Release | : 1983 |
Genre | : |
ISBN | : |
Download The Measurement of Social Welfare Book in PDF, ePub and Kindle
Author | : Amartya Sen |
Publisher | : Harvard University Press |
Total Pages | : 480 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780674127784 |
Download Choice, Welfare and Measurement Book in PDF, ePub and Kindle
"Choice, Welfare and Measurement contains many of Amartya Sen's most important contributions to economic analysis and methods, including papers on individual and social choice, preference and rationality, and aggregation and economic measurement. A substantial introductory essay interrelates his diverse concerns, and also analyzes discussions generated by the original papers, focusing on the underlying issues."--P. [4] of cover.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2007 |
Genre | : |
ISBN | : |
Download The Measurement of Social Welfare Book in PDF, ePub and Kindle
Author | : Angus Deaton |
Publisher | : |
Total Pages | : 92 |
Release | : 1985 |
Genre | : Political Science |
ISBN | : |
Download The Measurement of Welfare Book in PDF, ePub and Kindle