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Readings in welfare economics

Author: Kenneth Joseph Arrow; Tibor Scitovsky; American Economic Association.
Publisher: London : Allen and Unwin, ©1969.
Series: Series of republished articles on economics, v. 12.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
If economics can be described as the theory of choice, of entrepreneurs' and consumers' choices and their implications, then welfare economics is the theory of how and by what criteria economists and policymakers make or ought to make their choices between alternative policies and between good and bad institutions.
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Genre/Form: Aufsatzsammlung
Document Type: Book
All Authors / Contributors: Kenneth Joseph Arrow; Tibor Scitovsky; American Economic Association.
ISBN: 0043380387 9780043380383
OCLC Number: 3851137
Description: vi, 734 pages : illustrations ; 24 cm.
Series Title: Series of republished articles on economics, v. 12.
Responsibility: selected by a committee of the American Economic Association ; selection committee for this volume: Kenneth J. Arrow, Tibor Scitovsky.

Abstract:

If economics can be described as the theory of choice, of entrepreneurs' and consumers' choices and their implications, then welfare economics is the theory of how and by what criteria economists and policymakers make or ought to make their choices between alternative policies and between good and bad institutions.

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