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6 Dec 2023: The Stern Review goes considerably beyond this rather loose selfish gene approach to take on board the full ethical content of a particular specification of classic utilitarian welfare economics. ... Utilitarianism evaluates outcomes in terms of their

9 Jul 2023: As capitalism evolved, so did ideas and theories about the economics of austerity. ... The result was a rapid growth in state involvement in social welfare provision.

11 Dec 2023: www.eprg.group.cam.ac.uk. Hayek and the Texas blackout. EPRG Working Paper 2118. Cambridge Working Paper in Economics 2149. ... In general, Hayek argued for free markets, but not (as in the conventional static welfare economics approach) as a means of

8 Dec 2023: The central theorem of welfare economics goes further, and argues that if these endowments could be costlessly reallocated, then different feasible equilibria could be generated, and, with some criterion for comparing ... Economists have made other

19 Oct 2023: foundation of welfare economics i. These techniques have their roots in the so-called. ... While branches. of traditional welfare economics exist that address some deviations from these three key.

9 Jul 2023: According to this ‘Converse theorem’, otherwise known as the ‘second theorem of welfare economics’, Pareto-optimum can be realized as a competitive equilibrium in the presence of all round ‘Convexity’, provided ... as in terms of

6 Dec 2023: EPRG Working Paper 0920 Cambridge Working Paper in Economics 0931. Christian Growitsch, Tooraj Jamasb, Christine Mueller, Matthias Wissner. ... 68, 53604 Bad Honnef, Phone: 49 (0) 2224-92 25 88, E-mail: c.growitsch@wik.org2 University of Cambridge,

9 Jul 2023: Abstract. This paper is concerned essentially with the question, how does financial globalisation affect welfare? ... Chakravarty and Singh (1988) suggest such a case for free trade is best put in terms of the two fundamental theorems of welfare economics

24 Jul 2023: science? 8. What, if anything, makes rational choice modelling essential to economics? ... 9. What conception of welfare should economics adopt? 10. Physics does not need to answer metaphysical questions.

8 Dec 2023: 2017). But price discrimination is unremarkable in economics, is a predictable outcome of rising competition and is frequently welfare enhancing5. ... Considerable economics literature exists which analyses welfare implications of second-degree price