Five Theories of Welfare Economics. An Evaluation


Term Paper, 2016

13 Pages


Excerpt


Contents

Contents

Preface

Introduction

Theories of Welfare Economics

1) Pareto Optimality
2) Kaldor-Hicks Compensation Criterion
3) Scitovsky Double Criterion
4) Social Welfare Function of Bergson and Samuelsson
5) Amartya Sen’s View on Social Welfare

Concluding Remarks

References

Excerpt out of 13 pages

Details

Title
Five Theories of Welfare Economics. An Evaluation
Author
Year
2016
Pages
13
Catalog Number
V336546
ISBN (eBook)
9783668297340
ISBN (Book)
9783668297357
File size
543 KB
Language
English
Keywords
welfare economics, amartya sen, scitovisky, kaldor-hicks compensation criterion, pareto optimality, social welfare function
Quote paper
IRSHAD CV (Author), 2016, Five Theories of Welfare Economics. An Evaluation, Munich, GRIN Verlag, https://www.grin.com/document/336546

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