Download PDF by Marc Fleurbaey,François Maniquet: A Theory of Fairness and Social Welfare (Econometric Society

By Marc Fleurbaey,François Maniquet

The definition and size of social welfare were a vexed factor for the prior century. This ebook makes a optimistic, simply acceptable suggestion and indicates the best way to assessment the commercial scenario of a society in a fashion that offers precedence to the worse-off and that respects each one individual's personal tastes over his or her personal intake, paintings, rest etc. This technique resonates with the present predicament to head 'beyond the GDP' within the size of social development. in comparison to technical reports in welfare economics, this ebook emphasizes confident effects instead of paradoxes and impossibilities, and indicates how you can commence from simple rules of potency and equity and turn out with concrete reviews of rules. in comparison to extra philosophical remedies of social justice, this publication is extra exact in regards to the definition of social welfare and reaches conclusions approximately concrete guidelines and associations merely after a rigorous derivation from basically said principles.

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A Theory of Fairness and Social Welfare (Econometric Society Monographs) by Marc Fleurbaey,François Maniquet


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