Efficiency and Equity in Welfare Economics (Record no. 50722)
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fixed length control field | 03118nam a22004815i 4500 |
001 - CONTROL NUMBER | |
control field | 978-3-642-30071-4 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20200420211742.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 121026s2013 gw | s |||| 0|eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
ISBN | 9783642300714 |
-- | 978-3-642-30071-4 |
082 04 - CLASSIFICATION NUMBER | |
Call Number | 330.1 |
100 1# - AUTHOR NAME | |
Author | Nicola, PierCarlo. |
245 10 - TITLE STATEMENT | |
Title | Efficiency and Equity in Welfare Economics |
300 ## - PHYSICAL DESCRIPTION | |
Number of Pages | XII, 156 p. 5 illus. |
490 1# - SERIES STATEMENT | |
Series statement | Lecture Notes in Economics and Mathematical Systems, |
505 0# - FORMATTED CONTENTS NOTE | |
Remark 2 | Overview -- Inequality, Poverty, and Welfare: Social Welfare and Income Distributions -- Inequality and Poverty Indexes -- Welfare and Efficiency: Inequality, Efficiency, and the Production Sphere -- Efficiency and Welfare -- Information Incentives and Performance -- Summary Example and Numerical Simulations: A Summary Example -- Implementing the Example: One Time Period -- Dynamics: Many Time Periods -- Final Remarks -- Appendix: Implementing 2008 Income Data for Italy. |
520 ## - SUMMARY, ETC. | |
Summary, etc | Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constraints which consider both efficiency and equity, i.e. taxes and subsidies, implemented by a public authority. The model is numerically implemented and considers a set of economic agents with starting incomes that satisfy Pareto income law under various values of the alpha parameter. Also, the model implementations respect the social production function. Various experiments are presented which show how income inequality (measured by means of the Lorenz curve and, what I call, the Lorenz-Gini inequality index) and measures of poverty are sensibly reduced by redistributing national income without lowering efficiency in production. A case study, or application, of Italian personal income in 2008 is also presented. |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | http://dx.doi.org/10.1007/978-3-642-30071-4 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | eBooks |
264 #1 - | |
-- | Berlin, Heidelberg : |
-- | Springer Berlin Heidelberg : |
-- | Imprint: Springer, |
-- | 2013. |
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-- | txt |
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338 ## - | |
-- | online resource |
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-- | text file |
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650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Economic theory. |
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Microeconomics. |
650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Public finance. |
650 14 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Economics. |
650 24 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Economic Theory/Quantitative Economics/Mathematical Methods. |
650 24 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Public Economics. |
650 24 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
-- | Microeconomics. |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
-- | 0075-8442 ; |
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