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Theoretical Analysis of the Assessment of Government Expenditure Effect on Welfare of Society
The problem addressed in this paper namely is the government expenditure effect on welfare of society. The object of research is government expenditure effect on welfare of society, whereas the aim of the paper is to analyse government expenditure effect
Kisieliauskas Justinas
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Uncertainty and the welfare economics of medical care: an Austrian rebuttal Part 2
Part 2 of this 3 part series continues a rebuttal to Kenneth Arrow’s famous argument that health care is special and free market economic principles do not apply. The rebuttal is based on concepts of Austrian Economics.
G. Berdine
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Welfare as a sociopsychological category in economics
The question of the definition of welfare and the criteria for its measurement, finding ways and means of its formation, occupies a significant place in the history of economic thought.
Hryhorii Shamborovskyi
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The motive for choosing the topic in the presented article is the deep dichotomy between prosperity and poverty that still exists in the modern world.
Jan Siekierski
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Zakah index: Islamic economics’ welfare measurement
Zakah is one of the five pillars of Islam. Compared to the other pillars, Zakah intersects with most the human dimensions: spiritual, individual, social, economic, and is quantifiable.
Kumara Adji Kusuma+1 more
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This paper reviews the literature regarding the economics of the farm animal welfare. The following issues are addressed: productions costs and savings of the animal welfare regulations, benefits of improved animal welfare, and consumers’ willingness to ...
L. T. CZISZTER+5 more
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The Comparative study of the effect of ethical valuation different criteria on economic policy making and its implications for Islamic economics [PDF]
Although economists typically try to make their theories free from ethical evaluations, their theories are value laden. In this paper, we examine the impact of ethical schools on economic policies.
seyed mohammad ali mousavi+1 more
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The Death of Welfare Economics
The death of welfare economics has been declared several times. One of the reasons cited for these plural obituaries is that Kenneth Arrow’s impossibility theorem, as set out in his pathbreaking Social Choice and Individual Values in 1951, has shown that
Herrade Igersheim
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This paper presents the results of various benefit–cost ratio (BCR) analyses of back-end nuclear fuel cycle alternatives. Korea is currently considering two alternatives for the disposal of spent nuclear fuel: direct disposal and pyroprocessing.
Sungki Kim, Jin-Seop Kim, Dong-Keun Cho
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Welfare Economics, Risk and Uncertainty
Social decisions in risky contexts raise a number of difficult questions, such as: (1) Should social decisions be more or less risk averse than the average person?
M. Fleurbaey
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