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Five Theories of Welfare Economics. An Evaluation

Five Theories of Welfare Economics. An Evaluation

von Irshad Cv
Softcover - 9783668297357
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Beschreibung

Seminar paper from the year 2016 in the subject Economy - Health Economics, , language: English, abstract: This is a collective analysis of five major economic theories of welfare. Here each of the theories is explained separately in a brief manner. The diagrammatic representation is also used here to understand the concepts easily. Further an evaluation of each theory has also been provided along with the discussion. This note includes the following five welfare economic theories.

1) Pareto Optimality;

2) Kaldor-Hicks Compensation Criterion;

3) Social Welfare Function of Bergson and Samuelsson;

4) Scitovisky Criterion; and

5) Amartya Sen¿s Theory of Welfare.

Details

Verlag GRIN Verlag
Ersterscheinung 19. September 2016
Maße 21 cm x 14.8 cm x 0.2 cm
Gewicht 45 Gramm
Format Softcover
ISBN-13 9783668297357
Auflage 1. Auflage
Seiten 20