The Austrian School on Happiness and Relational Goods [PDF]
Austrian economists do not directly face the problem of the relationships between economics and happiness. They even rather rarely use the word happiness and do not bother to define the philosophical meaning of it referring to Aristotle or to the ...
Antonio Magliulo
core
UNCERTAINTY AND THE WELFARE ECONOMICS OF MEDICAL CARE [PDF]
Kenneth J. Arrow
openalex +1 more source
Contributions of U.S. Crop Subsidies to Biofuel and Related Markets [PDF]
The U.S. crop subsidies provide incentives for farmers to expand feedstock production, which benefits the biofuel producers by lowering input costs. This study develops a general equilibrium model to analyze the effects of a reduction in the U.S.
Bayham, Jude, Devadoss, Stephen
core +1 more source
Reducing Inefficiency in Carbon Auctions with Imperfect Competition [PDF]
We study auctions for carbon licenses, a policy tool used to control the social cost of pollution. Each identical license grants the right to produce a unit of pollution. Each buyer (i.e., firm that pollutes during the manufacturing process) enjoys a decreasing marginal value for licenses, but society suffers an increasing marginal cost for each ...
arxiv
IS GLOBALIZATION BAD FOR THE ENVIRONMENT? INTERNATIONAL TRADE AND LAND DEGRADATION IN DEVELOPING COUNTRIES:THE CASE OF SMALL OPEN ECONOMY [PDF]
This paper uses a two-good specific factors model to derive a relationship between international trade, land degradation, and welfare. Because developing countries enjoy comparative advantage in agriculture, they will export agricultural goods.
Demeke, Bayou
core +1 more source
Credible Liberalization: Beyond the Three Theorems of Neoclassical Welfare Economics [PDF]
Peter J. Hammond
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New Negative Feedback Mechanism of Market Economy Operation, Econometric Ethics and Two Theorems of Welfare Economics [PDF]
Li Liu
openalex +3 more sources
The debate about the relationship between state and market, about their relative importance, does not cease to be topical, and there is no end of it in sight.
Ivan Ferenčak+2 more
doaj
Consumer's welfare and change in stochastic partial-equilibrium price [PDF]
Welfare Economics;Stochastic ...
Stennek, J.
core +1 more source
A note on the decentralization of Pareto optima in economies with public projects and nonessential private goods [PDF]
Welfare Economics;Public ...
Diamantaras, D.+2 more
core +1 more source