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OverviewAlong with the renewed interest in the Austrian school of economics over the last two decades, important advances have been made in applying its princples to concrete issues that typically face market economics. However, very little has been done in the area of externalities and the concept of social efficiency. The overarching purpose of this book is to establish a sound theoretical basis for further empirical and public policy analysis in the area of externalities. In order to do this, a general theory of welfare economics is required. The author offers an alternative to the conventional neoclassical welfare paradigm -- his construct does not include perfect competition or general equilibrium. After the author develops his theory of welfare economics, he interprets externalities in light of the theory and discusses policy remedies and directions for further research. Full Product DetailsAuthor: R. CordatoPublisher: Springer-Verlag New York Inc. Imprint: Springer-Verlag New York Inc. Edition: Softcover reprint of the original 1st ed. 1992 Dimensions: Width: 15.20cm , Height: 0.90cm , Length: 22.90cm Weight: 0.249kg ISBN: 9781475721478ISBN 10: 1475721471 Pages: 140 Publication Date: 22 November 2012 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of Contents1: The Genealogy of the Austrian Position.- 2: Externalities and Modern Austrian Theories of Economic Welfare: Problems and Promises.- 3: Catallactic Efficiency: Welfare Economics In An Open Ended World.- 4: Catallactic Efficiency and Externalities.- 5: Application: The Economics of Tort Liability.- Conclusion.- References.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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