Economics and human welfare: essays in honor of Tibor Scitovsky
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
New York [u.a.]
Acad. Press
1979
|
| Schriftenreihe: | Economic theory, econometrics, and mathematical economics
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Festschrift Tibor Scitovsky |
| Beschreibung: | XVI, 398 S. graph. Darst. |
| ISBN: | 0121188507 |
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Datensatz im Suchindex
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| adam_text |
ECONOMICS
AND
HUMAN WELFARE
Essays in Honor of Tibor Scitovsky
Edited by MICHAEL J. BOS KIN
Department of Economics
Stanford University
Stanford, California
ACADEMIC PRESS
A Subsidiary of Harcourt Brace Jovanovich, Publishers
New York London Toronto Sydney San Francisco
Contents
List of Contributors xi
Preface xiii
Acknowledgments xv
PART I WELFARE ECONOMICS AND
MICROECONOMIC THEORY
Economic Growth and Its Discontents
Moses Abramovitz
1. The Growing Disenchantment with Economic Growth 3
2. Surveys of Happiness 6
3. What Can Explain the Easterlin Paradox? 8
4. What of It? 16
References 20
The Property Rights Doctrine and Demand Revelation
under Incomplete Information
Kenneth J. Arrow
1. Introduction 23
2. A Formalization of Bargaining 27
3. The Failure of Bargaining under Privacy 29
4. Bargaining as a Game of Incomplete Information 31
5. The Demand-Revelation Game 34
6. The Utilitarian Decision Rule 37
References 38
V
vi
Contents
On Two Experiments in the Pricing of Theater Tickets
William J. Baumol
1. Introduction 41
2. The Off-Off-Broadway Theater 42
3. The Voucher Program for the Support of Off-OfF-Broadway 44
4. The Voucher Audience 46
5. Other Consequences of the Program 48
6. Concluding Comment on Vouchers 50
7. The Second Experiment: The Discount Ticket Booth—Background 50
8. The TKTS Discount Booth Arrangements 51
9. Effect on Audience Composition 52
10. Effect on Volume and Revenues 54
11. Concluding Comment 56
References _ 56
From Growth to the Millenium: Economics and the
Transformation of the Idea of Progress
Paul A. David
1. A Puzzle for Social Science 59
2. Material Progress. Economic Welfare, and Social Welfare 61
3. Unbalanced Growth and the Dubious Nature of Economic Progress 64
4. The Ideology of Limits and the Future of Middle-Class
Millenarianism 69
References 72
Appraisal of Project Appraisal
Janos Kornai
1. Introduction 75
2. Theoretical Roots 78
3. Measurement of Economic Performance 86
4. The Market and the Plan: The Place of Cost-Benefit Analysis 91
Appendix 96
References • 99
\
The Size Distribution of Income: How Has It Changed?
Mordlcai Kurz
1. Introduction 101
2. The Logical and Historical Foundation of the Theory
of the Welfare State 103
3. The Aumann-Kurz Theory of Income Distribution 113
4. The Effect of Changes in the Cost of Organization and
Communication 117
5. Some Qualifications 121
References 122
Contents
vii
Welfare Criteria, Distribution, and Cost-Benefit Analysis 125
I. M. D. Little
References 131
The Place of Ethics in the Theory of Production
M. W. Reder
1. Introduction 133
2. The Meaning and Measure of Ethical Conduct 134
3. The Productive Effect of Moral Conduct 140
4. Private and Social Returns to Morality 143
5. The Production of Moral Individuals 144
References 146
Rationing and Price as Methods of Restricting Demand
for Specific Products
Walter S. Salant
1. Introduction 147
2. Rationing with Nontransferable Coupons 151
3. Rationing with Transferable Coupons 157
4. Excise Taxation with Revenue Distributed like Rations 159
References 162
What Price the National Income?
M. FG. Scott
1. Introduction 163
2. Changes in Real Investment and National Income
in a Closed Economy 165
3. The Open Economy: Allowing for Changes in the Terms of Trade 171
4. Net Property Income and Transfers from Abroad 178
5. A Generalization to All Outputs and Concluding Remarks 178
References 181
Interpersonal Comparisons of Welfare
Amartya Sen
1. Introduction 183
2. Descriptive Interpretations 185
3. Normative Interpretations 190
4. Comparability Types: Formal Structures 191
5. Dual Comparability 195
6. Concluding Remarks 199
References 199
viii
Contents
On Search and Equilibrium Price Distributions
J. E. Stiglitz
1. Introduction 203
2. The Model 206
3. Concluding Remarks 215
References 216
PART II INTERNATIONAL TRADE AND DEVELOPMENT
The Long-Run Incidence of Government Policies in Open
Growing Economies
Michaf.l J. Boskin and Philippe R. Df. Ville
1. Introduction 219
2. The Basic Model 221
3. Income Taxation 223
4. Numerical F.xamples 229
5. Conclusion 231
References 231
Further Evidence on the Relationship between
International Reserves and World Inflation
H. Robert Heller
1. Introduction 233
2. The Data 234
3. Reserve Changes and the Monetary Base 235
4. The Monetary Base and the Money Stock 239
5. The Relationship between Money and Prices 240
6. Regression Path Analysis 241
7. The Industrial and the Developing Countries Considered
Separately 243
8. Conclusions 246
References 247
Commodity Reserve Money, Special Drawing Rights,
and the Link to Less-Developed Countries
Ronald I. McKinnon
1. Introduction 250
2. A Commodity-Reserve Currency? 250
3. International Fiat Money and Special Drawing Rights 257
4. The Seigniorage Problem and the Link to Less-Developed
Countries 261
References 269
Contents
ix
PART III MACROECONOMICS
Equilibrium Theory and Growth Theory
Nicholas Kaldor
1. Introduction 273
2. The Main Characteristics of Equilibrium Theory 274
3. Why Equilibrium Theory Is Wrong 277
4. An Alternative Approach to Growth Theory 286
References 291
Dynamic Competition and Economic Stability
Burton H. Klein
1. Introduction 293
2. The Phenomenon to Be Explained 294
3. Dynamic Competition 300
4. The Relationship between Microbehavior and Macroperformance 305
5. Diversity and Stability 315
References 319
The Economics of Keynes
John H. Power
1. Introduction 321
2. Keynesian Growth Theory 327
3. The Short Run 344
4. Generalizing the General Theory: Full Employment in
the World Economy 355
5. Conclusion 358
References 359
The Aggregate Supply Function in Keynes's General Theory
Lorie Tarshis
1. Introduction 361
2. The Meaning 364
3. The ASF against Employment 376
4. The 45° Average Supply Function (ASF-Y) 380
References 392
Money and the Money Wage Rate
Paul Wells
1. Introduction 393
2. The Money Wage Rate as the Numeraire 394
3. Money and Sticky Prices 395
4. Sticky Money Wages 397
References 398 |
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| title | Economics and human welfare essays in honor of Tibor Scitovsky |
| title_auth | Economics and human welfare essays in honor of Tibor Scitovsky |
| title_exact_search | Economics and human welfare essays in honor of Tibor Scitovsky |
| title_full | Economics and human welfare essays in honor of Tibor Scitovsky ed. by Michael J. Boskin |
| title_fullStr | Economics and human welfare essays in honor of Tibor Scitovsky ed. by Michael J. Boskin |
| title_full_unstemmed | Economics and human welfare essays in honor of Tibor Scitovsky ed. by Michael J. Boskin |
| title_short | Economics and human welfare |
| title_sort | economics and human welfare essays in honor of tibor scitovsky |
| title_sub | essays in honor of Tibor Scitovsky |
| topic | Scitovsky, Tibor <1910-> Scitovsky, Tibor Scitovsky, Tibor de 1875-1959 (DE-588)118795856 gnd Economische ontwikkeling gtt Verzorgingsstaat gtt Économie du bien-être Économie politique Wirtschaft Wirtschaftsentwicklung Economics Welfare economics Makroökonomie (DE-588)4037174-8 gnd Außenwirtschaft (DE-588)4003856-7 gnd Volkswirtschaftslehre (DE-588)4078943-3 gnd Wohlfahrtstheorie (DE-588)4066735-2 gnd |
| topic_facet | Scitovsky, Tibor <1910-> Scitovsky, Tibor Scitovsky, Tibor de 1875-1959 Economische ontwikkeling Verzorgingsstaat Économie du bien-être Économie politique Wirtschaft Wirtschaftsentwicklung Economics Welfare economics Makroökonomie Außenwirtschaft Volkswirtschaftslehre Wohlfahrtstheorie Aufsatzsammlung Festschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=002309011&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT boskinmichaelj economicsandhumanwelfareessaysinhonoroftiborscitovsky AT scitovskytibor economicsandhumanwelfareessaysinhonoroftiborscitovsky |