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Welfare Economics and the Theory of Second Best

Author

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  • Otto A. Davis
  • Andrew B. Whinston

Abstract

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Suggested Citation

  • Otto A. Davis & Andrew B. Whinston, 1965. "Welfare Economics and the Theory of Second Best," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(1), pages 1-14.
    • Handle: RePEc:oup:restud:v:32:y:1965:i:1:p:1-14.
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    File URL: http://hdl.handle.net/10.2307/2296327
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    Citations

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    Cited by:

    1. Richard Lipsey, 2007. "Reflections on the general theory of second best at its golden jubilee," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(4), pages 349-364, August.
    2. Jacques Fontanel, 2004. "La question de l'évaluation des politiques publiques Le cas de la défense nationale," Post-Print hal-02870891, HAL.
    3. Efraim Sadka, 2006. "Public-Private Partnerships: A Public Economics Perspective," IMF Working Papers 2006/077, International Monetary Fund.
    4. John P. Walsh, 1982. "On Deriving Pricing Rules in the Theory of Second Best," Public Finance Review, , vol. 10(4), pages 499-509, October.
    5. Melvin Hinich & Michael Munger, 2006. "In memoriam: Otto “Toby” Davis, 1934–2006," Public Choice, Springer, vol. 128(3), pages 357-359, September.
    6. David Wiens, 2016. "Assessing ideal theories," Politics, Philosophy & Economics, , vol. 15(2), pages 132-149, May.
    7. Delucchi, Mark A. & Murphy, James J., 2008. "How large are tax subsidies to motor-vehicle users in the US?," Transport Policy, Elsevier, vol. 15(3), pages 196-208, May.
    8. Delucchi, Mark A., 2004. "Some Conceptual and Methodological Issues in the Analysis of the Social Cost of Motor-Vehicle Use. Report #2 in the series: The Annualized Social Cost of Motor-Vehicle Use in the United States, based ," Institute of Transportation Studies, Working Paper Series qt4331q870, Institute of Transportation Studies, UC Davis.
    9. Roger L. Faith & Earl A. Thompson, 1979. "A Paradox in the Theory of Second Best," UCLA Economics Working Papers 156, UCLA Department of Economics.
    10. Robin W. Boadway, 1975. "Optimal Taxes with Untaxed Goods and Factors," Public Finance Review, , vol. 3(3), pages 275-290, July.
    11. Krishna, Pravin & Panagariya, Arvind, 2000. "A unification of second best results in international trade," Journal of International Economics, Elsevier, vol. 52(2), pages 235-257, December.
    12. Delucchi, Mark A., 1997. "The Annualized Social Cost of Motor-Vehicle Use in the U.S., 1990-1991: Summary of Theory, Data, Methods, and Results," University of California Transportation Center, Working Papers qt43s6n28v, University of California Transportation Center.
    13. Delucchi, Mark A., 1998. "The Annualized Social Cost of Motor-Vehicle Use in the US: Summary of Theory, Data, Methods, and Results: Report #1 in the series: The Annualized Social Cost of Motor-Vehicle Use in the United States,," Institute of Transportation Studies, Working Paper Series qt4tt4d75f, Institute of Transportation Studies, UC Davis.
    14. Delucchi, Mark A. & Murphy, James, 2006. "Tax Expenditures Related to the Production and Consumption of Motor Fuels and Motor Vehicles: Report #18 in the Series: The Annualized Social Cost of Motor-Vehicle Use in the United States, Based on 1," Institute of Transportation Studies, Working Paper Series qt2qt678x9, Institute of Transportation Studies, UC Davis.
    15. Richard E. Wagner, 2015. "Welfare Economics and Second-Best Theory: Filling Imaginary Economic Boxes," Cato Journal, Cato Journal, Cato Institute, vol. 35(1), pages 133-146, Winter.
    16. Guesnerie Roger, 1975. "On second best pareto optimality : an abstract approach for a synthesis," CEPREMAP Working Papers (Couverture Orange) 7507, CEPREMAP.
    17. Storchmann, Karl-Heinz, 1999. "Das Defizit im öffentlichen Personennahverkehr in Theorie und Empirie," RWI Schriften, RWI - Leibniz-Institut für Wirtschaftsforschung, volume 64, number 64.
    18. Wai Chiu Woo, 2017. "The Way We Teach Public Economics: A Rationalization Using the Theory of Third Best," Pacific Economic Review, Wiley Blackwell, vol. 22(2), pages 229-248, May.
    19. Delucchi, Mark A., 2004. "Some Conceptual and Methodological Issues in the Analysis of the Social Cost of Motor-Vehicle Use: Report #2 in the Series: The Annualized Social Cost of Motor-Vehicle Use in the United States, based ," Institute of Transportation Studies, Working Paper Series qt5pj8r7pq, Institute of Transportation Studies, UC Davis.
    20. V. W. Yorgason, 1976. "But Who Reviews the Reviewers? The Case of Eggs," Canadian Public Policy, University of Toronto Press, vol. 2(3), pages 511-519, Summer.
    21. Peter Kooreman & Lambert Schoonbeek, 2004. "Characterizing Pareto Improvements in an Interdependent Demand System," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 6(3), pages 427-443, August.

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