IDEAS home Printed from https://ideas.repec.org/a/fec/journl/v11y2016i1p104-122.html
   My bibliography  Save this article

Freedom in Welfare Economics

Author

Listed:
  • Yongsheng Xu

    (Department of Economics, Andrew Young School of Policy Studies, Georgia State University, Atlanta, GA 30303, USA)

Abstract

This paper discusses the recent economics literature on ranking opportunity sets in terms of freedom. It focuses on (i) the intuitive significance of freedom in assessing economic and public policies, (ii) the measurement of freedom offered by various opportunity sets, and (iii) the conception of opportunity set in a world of interdependence among individuals. This paper also points out some open issues and problems that deserve further investigations.

Suggested Citation

  • Yongsheng Xu, 2016. "Freedom in Welfare Economics," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 11(1), pages 104-122, March.
    • Handle: RePEc:fec:journl:v:11:y:2016:i:1:p:104-122
    as

    Download full text from publisher

    File URL: http://journal.hep.com.cn/fec/EN/10.3868/s060-005-016-0007-7
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    freedom; preference; utility; measurement of freedom;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fec:journl:v:11:y:2016:i:1:p:104-122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Frank H. Liu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.