Welfare Theory: History and Modern Results

This paper contains a fairly brief, but self-contained, version of the history of welfare economics, as well as the more modern welfare results. We introduce public goods and asymmetric information, and we hint at some of the modern mechanism design results. The paper also contains a section on welfare measures in a dynamic economy.

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Year of publication:	2007-11-20
Authors:	Aronsson, Thomas ; Löfgren, Karl-Gustaf
Institutions:	Institutionen för Nationalekonomi, Umeå Universitet
Subject:	Welfare Theory

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Extent:	application/pdf
Series:	Umeå Economic Studies.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Umeå Economic Studies Number 726 66 pages
Classification:	D60 - Welfare Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005424035