Fair Division and Collective Welfare 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024


Fair Division and Collective Welfare

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Hervé Moulin 作者
The MIT Press
譯者
2004-09-01 出版日期
295 頁數
USD 22.00 價格
Paperback
叢書系列
9780262633116 圖書編碼

Fair Division and Collective Welfare 在線電子書 圖書標籤: 金融&經濟  社會選擇理論  economics  SocialChoiceTheory  EconT3Chapter   


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Fair Division and Collective Welfare 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

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Fair Division and Collective Welfare 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



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Fair Division and Collective Welfare 在線電子書 著者簡介


Fair Division and Collective Welfare 在線電子書 著者簡介


Fair Division and Collective Welfare 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Fair Division and Collective Welfare 在線電子書 圖書描述

The concept of fair division is as old as civil society itself. Aristotle's "equal treatment of equals" was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic analysis. Reflecting fifty years of research, this book examines the contribution of modern microeconomic thinking to distributive justice. Taking the modern axiomatic approach, it compares normative arguments of distributive justice and their relation to efficiency and collective welfare.<br /> <br /> The book begins with the epistemological status of the axiomatic approach and the four classic principles of distributive justice: compensation, reward, exogenous rights, and fitness. It then presents the simple ideas of equal gains, equal losses, and proportional gains and losses. The book discusses three cardinal interpretations of collective welfare: Bentham's "utilitarian" proposal to maximize the sum of individual utilities, the Nash product, and the egalitarian leximin ordering. It also discusses the two main ordinal definitions of collective welfare: the majority relation and the Borda scoring method.<br /> <br /> The Shapley value is the single most important contribution of game theory to distributive justice. A formula to divide jointly produced costs or benefits fairly, it is especially useful when the pattern of externalities renders useless the simple ideas of equality and proportionality. The book ends with two versatile methods for dividing commodities efficiently and fairly when only ordinal preferences matter: competitive equilibrium with equal incomes and egalitarian equivalence. The book contains a wealth of empirical examples and exercises.

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