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Efficiency and Welfare

In: Efficiency and Equity in Welfare Economics

Author

Listed:
  • PierCarlo Nicola

    (Università di Milano)

Abstract

This chapter simultaneously considers social welfare and efficiency. If social production, Φ, and social welfare, W, were functions whose values could be quantitatively measured in the same units, one could choose a weight, σ, verifying 0

Suggested Citation

  • PierCarlo Nicola, 2013. "Efficiency and Welfare," Lecture Notes in Economics and Mathematical Systems, in: Efficiency and Equity in Welfare Economics, edition 127, chapter 0, pages 41-47, Springer.
    • Handle: RePEc:spr:lnechp:978-3-642-30071-4_5
    DOI: 10.1007/978-3-642-30071-4_5
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    Citations

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    Cited by:

    1. Irena Antošová & Jana Stávková, 2019. "Application of the Institute of Income Redistribution in the Form of Social Transfers in EU Countries," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 161-172, June.
    2. Vahabi, Ali Reza & Latify, Mohammad Amin & Rahimiyan, Morteza & Yousefi, G. Reza, 2018. "An equitable and efficient energy management approach for a cluster of interconnected price responsive demands," Applied Energy, Elsevier, vol. 219(C), pages 276-289.
    3. Mikuláš Luptáčik & Eduard Nežinský, 2020. "Measuring income inequalities beyond the Gini coefficient," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(2), pages 561-578, June.
    4. Eduard Nezinsky & Mikulas Luptacik, 2018. "Measuring income inequalities beyond Gini index," Department of Economic Policy Working Paper Series 013, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.
    5. Mikulas Luptacik & Bernhard Mahlberg, 2018. "Revisiting the Efficiency-Equity Trade-off: A Muli-objective Linear Problem combined with an extended Leontief Input Output Model," Department of Economic Policy Working Paper Series 016, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.

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