Conclusion: Towards an Interdisciplinary Study of Welfare?

Yew-Kwang Ng ()

Chapter 12 in Welfare Economics, 2004, pp 284-305 from Palgrave Macmillan

Abstract: Abstract We started off by defining welfare economics as a branch of study that endeavours to formulate propositions that enable us to state that social welfare in one economic situation is greater or lesser than in another. Is the welfare economics presented in this book useful in this respect?

Keywords: Welfare Economic; Pareto Optimality; Social Welfare Function; Subjective Effect; Disincentive Effect (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4406-1_12

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DOI: 10.1057/9781403944061_12

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