Cover -- CONTENTS -- I. INTRODUCTION -- II. THE NATURE OF PREFERENCE AND CHOICE -- III. THE SOCIAL WELFARE FUNCTION -- IV. THE COMPENSATION PRINCIPLE -- V. THE GENERAL POSSIBILITY THEOREM FOR SOCIAL WELFARE FUNCTIONS -- VI. THE INDIVIDUALISTIC ASSUMPTIONS -- VII. SIMILARITY AS THE BASIS OF...

Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on...

Intro -- WELFARE ECONOMICS -- WELFARE ECONOMICS -- CONTENTS -- PREFACE -- SHORT COMMENTARIES -- DOES INTRODUCING RENTAL HOUSINGWITH FIXED RENTAL TERMS IMPROVEWELFARE IN JAPAN? -- Abstract -- 1. Introduction -- 2. Welfare Implications of the Revision of the JTPL -- 3. Conclusion --...

Intro -- Contents -- Acknowledgments -- Introduction -- 1 The Modern Macroeconomic Approach and the Arrow-Debreu-McKenzie Model -- 2 Prices, Efficiency, and Macroeconomics -- 3 Macroeconomists, Efficiency, and Inequality -- 4 Macroeconomic Shortcuts -- 5 Benchmark Macroeconomic Models and Policy...