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Item Details
Title: A THEORY OF FAIRNESS AND SOCIAL WELFARE
By: Marc Fleurbaey, Francois Maniquet
Format: Electronic book text

List price: £162.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0511851979
ISBN 13: 9780511851971
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 5 January, 2013
Series: Econometric Society Monographs 48
Description: This book proposes a theory of social welfare that encapsulates fairness principles in the definition of social preferences.
Synopsis: The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles.
Illustrations: 89 b/w illus. 6 tables
Publication: UK
Imprint: Cambridge University Press (Virtual Publishing)
Returns: Non-returnable
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A THEORY OF FAIRNESS AND SOCIAL WELFARE (HB)
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