The Resource Efficiency and Equity in Welfare Economics, by PierCarlo Nicola, (electronic resource)

Efficiency and Equity in Welfare Economics, by PierCarlo Nicola, (electronic resource)

Label
Efficiency and Equity in Welfare Economics
Title
Efficiency and Equity in Welfare Economics
Statement of responsibility
by PierCarlo Nicola
Creator
Author
Author
Subject
Language
  • eng
  • eng
Summary
Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constraints which consider both efficiency and equity, i.e. taxes and subsidies, implemented by a public authority. The model is numerically implemented and considers a set of economic agents with starting incomes that satisfy Pareto income law under various values of the alpha parameter. Also, the model implementations respect the social production function. Various experiments are presented which show how income inequality (measured by means of the Lorenz curve and, what I call, the Lorenz-Gini inequality index) and measures of poverty are sensibly reduced by redistributing national income without lowering efficiency in production. A case study, or application, of Italian personal income in 2008 is also presented
Member of
http://library.link/vocab/creatorName
Nicola, PierCarlo
Dewey number
  • 338.4/73621
  • 338.473621
http://bibfra.me/vocab/relation/httpidlocgovvocabularyrelatorsaut
baRv9HDppF4
Language note
English
LC call number
HB1-846.8
Literary form
non fiction
Nature of contents
dictionaries
Series statement
  • Lecture notes in economics and mathematical systems,
  • Lecture Notes in Economics and Mathematical Systems,
Series volume
  • 661
  • 661
http://library.link/vocab/subjectName
  • Economic theory
  • Public finance
  • Microeconomics
  • Economic Theory/Quantitative Economics/Mathematical Methods
  • Public Economics
  • Microeconomics
Label
Efficiency and Equity in Welfare Economics, by PierCarlo Nicola, (electronic resource)
Instantiates
Publication
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
Overview -- Inequality, Poverty, and Welfare: Social Welfare and Income Distributions -- Inequality and Poverty Indexes -- Welfare and Efficiency: Inequality, Efficiency, and the Production Sphere -- Efficiency and Welfare -- Information Incentives and Performance -- Summary Example and Numerical Simulations: A Summary Example -- Implementing the Example: One Time Period -- Dynamics: Many Time Periods -- Final Remarks -- Appendix: Implementing 2008 Income Data for Italy
Dimensions
unknown
Edition
1st ed. 2013.
Extent
1 online resource (162 p.)
Form of item
online
Isbn
9783642300714
Media category
computer
Media type code
c
Other control number
10.1007/978-3-642-30071-4
Specific material designation
remote
System control number
  • (CKB)2670000000279597
  • (EBL)973046
  • (OCoLC)821031071
  • (SSID)ssj0000799548
  • (PQKBManifestationID)11464602
  • (PQKBTitleCode)TC0000799548
  • (PQKBWorkID)10763295
  • (PQKB)10884506
  • (DE-He213)978-3-642-30071-4
  • (MiAaPQ)EBC973046
  • (EXLCZ)992670000000279597
Label
Efficiency and Equity in Welfare Economics, by PierCarlo Nicola, (electronic resource)
Publication
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
Overview -- Inequality, Poverty, and Welfare: Social Welfare and Income Distributions -- Inequality and Poverty Indexes -- Welfare and Efficiency: Inequality, Efficiency, and the Production Sphere -- Efficiency and Welfare -- Information Incentives and Performance -- Summary Example and Numerical Simulations: A Summary Example -- Implementing the Example: One Time Period -- Dynamics: Many Time Periods -- Final Remarks -- Appendix: Implementing 2008 Income Data for Italy
Dimensions
unknown
Edition
1st ed. 2013.
Extent
1 online resource (162 p.)
Form of item
online
Isbn
9783642300714
Media category
computer
Media type code
c
Other control number
10.1007/978-3-642-30071-4
Specific material designation
remote
System control number
  • (CKB)2670000000279597
  • (EBL)973046
  • (OCoLC)821031071
  • (SSID)ssj0000799548
  • (PQKBManifestationID)11464602
  • (PQKBTitleCode)TC0000799548
  • (PQKBWorkID)10763295
  • (PQKB)10884506
  • (DE-He213)978-3-642-30071-4
  • (MiAaPQ)EBC973046
  • (EXLCZ)992670000000279597

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