Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies.
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Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included.
Preface; 1. An introduction to the money-metric; 2. The marginal utility of money as an integrating factor; 3. Calculation of the money-metric; 4. The approach of Dupuit and Marshall; 5. The Hicksian approach; 6. Approximations based on consumer surplus; 7. A reconsideration of the theory of index numbers; 8. The money-metric as a basis for calculation of social welfare functions; 9. Measurement of the social costs of monopoly; 10. A final comment and conclusion; References; Index.
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Da: Phatpocket Limited, Waltham Abbey, HERTS, Regno Unito
Condizione: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, and may have sticker on cover, but in good overall condition. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Codice articolo Z1-C-085-00994
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Da: Kennys Bookshop and Art Galleries Ltd., Galway, GY, Irlanda
Condizione: New. Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. Num Pages: 200 pages, black & white illustrations. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 228 x 152 x 12. Weight in Grams: 300. . 2008. 1st Edition. paperback. . . . . Codice articolo V9780521035941
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Condizione: New. pp. 200. Codice articolo 26377348
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Da: Kennys Bookstore, Olney, MD, U.S.A.
Condizione: New. Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. Num Pages: 200 pages, black & white illustrations. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 228 x 152 x 12. Weight in Grams: 300. . 2008. 1st Edition. paperback. . . . . Books ship from the US and Ireland. Codice articolo V9780521035941
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Condizione: New. PRINT ON DEMAND pp. 200. Codice articolo 18377358
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Da: CitiRetail, Stevenage, Regno Unito
Paperback. Condizione: new. Paperback. Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. In order to present the approach clearly, the author provides an exposition of the fundamental ideas and the main alternative approaches to the problem. These rely on various forms of index numbers and consumer surplus. However, as is well known, such measures are not capable of correctly ordering the various alternatives under consideration, except under highly unrealist assumptions. In this book the author suggests the abandonment of this traditional approach based on the concept of 'willingness-to-pay' or the conpensating variation. Instead, the measure that Samuelson has called the 'money-metric' should become the cornerstone of applied welfare economics. Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Codice articolo 9780521035941
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