Excerpt
Contents
Contents
Preface
Introduction
Theories of Welfare Economics
1) Pareto Optimality
2) Kaldor-Hicks Compensation Criterion
3) Scitovsky Double Criterion
4) Social Welfare Function of Bergson and Samuelsson
5) Amartya Sen’s View on Social Welfare
Concluding Remarks
References
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- IRSHAD CV (Author), 2016, Five Theories of Welfare Economics. An Evaluation, Munich, GRIN Verlag, https://www.grin.com/document/336546
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