Coverart for item
The Resource Efficiency and equity in welfare economics, PierCarlo Nicola, (electronic book)

Efficiency and equity in welfare economics, PierCarlo Nicola, (electronic book)

Label
Efficiency and equity in welfare economics
Title
Efficiency and equity in welfare economics
Statement of responsibility
PierCarlo Nicola
Creator
Subject
Language
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."--Publisher's website
Member of
Cataloging source
E7B
http://library.link/vocab/creatorName
Nicola, Pier Carlo.
Dewey number
330.1556
Illustrations
  • illustrations
  • charts
Index
index present
LC call number
HB99.3
LC item number
.N53 2013eb
Literary form
non fiction
Nature of contents
  • standards specifications
  • bibliography
Series statement
Lecture notes in economics and mathematical systems,
Series volume
661
http://library.link/vocab/subjectName
  • Welfare economics
  • Welfare economics
  • Public welfare
  • Economics
  • Economic development
Label
Efficiency and equity in welfare economics, PierCarlo Nicola, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
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
Control code
SPR820845552
Dimensions
unknown
Extent
1 online resource (xii, 156 pages)
Form of item
online
Isbn
9783642300707
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-642-30071-4
Other physical details
illustrations.
Reproduction note
Electronic resource.
Specific material designation
remote
Label
Efficiency and equity in welfare economics, PierCarlo Nicola, (electronic book)
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
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
Control code
SPR820845552
Dimensions
unknown
Extent
1 online resource (xii, 156 pages)
Form of item
online
Isbn
9783642300707
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-642-30071-4
Other physical details
illustrations.
Reproduction note
Electronic resource.
Specific material designation
remote

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