The Measurement of Social Welfare

This paper derives a basic formula for the measure of social welfare, a second order approximation to the difference of the value of the Bergson-Samuelson social welfare function between the socially optimal resource allocation and the one in the present suboptimal economy. We discuss pros and cons of our approach for the measurement of welfare compared with other approaches to applied welfare economics, especially the measurement of deadweight loss

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Year of publication:	2007
Authors:	Tsuneki, Atsushi
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Messung \| Measurement \| Wohlfahrtsökonomik \| Welfare economics \| Nationaleinkommen \| National income \| Einkommensverteilung \| Income distribution \| Humankapital \| Human capital

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Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 2007 erstellt
Other identifiers:	10.2139/ssrn.1012470 [DOI]
Classification:	H20 - Taxation, Subsidies, and Revenue. General ; D61 - Allocative Efficiency; Cost-Benefit Analysis ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014224330