IDEAS home Printed from https://ideas.repec.org/a/iem/journl/v3y2015id2822000009561015.html
   My bibliography  Save this article

Theories of Welfare Economics: A Short Synthesis

Author

Listed:
  • Baltatescu Ionela
  • George Cornel Dumitrescu

Abstract

Economic analysis of welfare open relevant lines of investigation to anyone trying to critically the problem of welfare in human society assess and to evaluate practices, rules and institutions from the point of view of economic efficiency . In this regard, in the present article we realize a short synthesis and literature review of theories of welfare economics summarizing the main approaches and the main issues dealt with: interpersonal utility comparision, principle of demonstrated preference, wealth and welfare measurement, Pareto criterion of efficency etc.

Suggested Citation

  • Baltatescu Ionela & George Cornel Dumitrescu, 2015. "Theories of Welfare Economics: A Short Synthesis," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(3).
    • Handle: RePEc:iem:journl:v:3:y:2015:id:2822000009561015
    as

    Download full text from publisher

    File URL: http://www.iem.ro/rem/index.php/REM/article/view/216/263
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Interpersonal utility comparision; principle of demonstrated preference; wealth and welfare measurement; Pareto criterion of efficency;
    All these keywords.

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

    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:iem:journl:v:3:y:2015:id:2822000009561015. 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: Ionela Baltatescu (email available below). General contact details of provider: https://edirc.repec.org/data/imacaro.html .

    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.