000 | 03118nam a22004815i 4500 | ||
---|---|---|---|
001 | 978-3-642-30071-4 | ||
003 | DE-He213 | ||
005 | 20200420211742.0 | ||
007 | cr nn 008mamaa | ||
008 | 121026s2013 gw | s |||| 0|eng d | ||
020 |
_a9783642300714 _9978-3-642-30071-4 |
||
024 | 7 |
_a10.1007/978-3-642-30071-4 _2doi |
|
050 | 4 | _aHB1-846.8 | |
072 | 7 |
_aKCA _2bicssc |
|
072 | 7 |
_aBUS069030 _2bisacsh |
|
082 | 0 | 4 |
_a330.1 _223 |
100 | 1 |
_aNicola, PierCarlo. _eauthor. |
|
245 | 1 | 0 |
_aEfficiency and Equity in Welfare Economics _h[electronic resource] / _cby PierCarlo Nicola. |
264 | 1 |
_aBerlin, Heidelberg : _bSpringer Berlin Heidelberg : _bImprint: Springer, _c2013. |
|
300 |
_aXII, 156 p. 5 illus. _bonline resource. |
||
336 |
_atext _btxt _2rdacontent |
||
337 |
_acomputer _bc _2rdamedia |
||
338 |
_aonline resource _bcr _2rdacarrier |
||
347 |
_atext file _bPDF _2rda |
||
490 | 1 |
_aLecture Notes in Economics and Mathematical Systems, _x0075-8442 ; _v661 |
|
505 | 0 | _aOverview -- 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 | _aIncreasing 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. | ||
650 | 0 | _aEconomic theory. | |
650 | 0 | _aMicroeconomics. | |
650 | 0 | _aPublic finance. | |
650 | 1 | 4 | _aEconomics. |
650 | 2 | 4 | _aEconomic Theory/Quantitative Economics/Mathematical Methods. |
650 | 2 | 4 | _aPublic Economics. |
650 | 2 | 4 | _aMicroeconomics. |
710 | 2 | _aSpringerLink (Online service) | |
773 | 0 | _tSpringer eBooks | |
776 | 0 | 8 |
_iPrinted edition: _z9783642300707 |
830 | 0 |
_aLecture Notes in Economics and Mathematical Systems, _x0075-8442 ; _v661 |
|
856 | 4 | 0 | _uhttp://dx.doi.org/10.1007/978-3-642-30071-4 |
912 | _aZDB-2-SBE | ||
942 | _cEBK | ||
999 |
_c50722 _d50722 |