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Book Cover
Book
Author Starrett, David A.

Title Foundations of public economics / David A. Starrett
Published Cambridge [Cambridgeshire] ; New York : Cambridge University Press, 1988

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Location Call no. Vol. Availability
 WATERFT LAW  KM 331 Sta/Fop  AVAILABLE
Description xvi, 315 pages : illustrations ; 26 cm
Series Cambridge economic handbooks
Cambridge economic handbooks.
Contents Machine derived contents note: Preface and acknowledgments -- Notation -- Part I. Scope and Limitations: 1. Introduction -- 2. Social objectives and direct decision making -- 3. Market decentralization -- 4. Market decentralization -- 4. Theory of collective goods -- Part II. Decision Making in a Mixed Economy: 5. Planning mechanisms -- 6. Models of a mixed economy -- 7. Government budgeting and fiscal decentralization -- 8. Public pricing and optimal-commodity taxation -- Part III. First-Order Project Analysis: 9. Decompositions and general theory of second best -- 10. Principles of shadow pricing -- 11. Local public goods -- 12. Intertemporal contexts with uncertainty -- 13. Identifying shadow values: hedonic methods and capitalization -- Part IV. Evaluating Large Projects: 14. search for exact measures -- 15. Surplus approximations -- 16. Practical methods for large-project evaluation -- 17. Peak-load problem -- Epilog -- References -- Author index -- Subject index
Summary Discusses the major theoretical foundations of modern public sector economics. Includes market failures encompassing externalities, pure public goods, local public goods and natural monopolies. Representative voting, benefit cost analysis, incentive compatible design mechanisms and the free market are points also covered. Special attention is paid to financial arrangements, techniques for eliciting necessary information and identification of biases that will result from incorrect procedures
Analysis Finance
Overseas item
Public finance
Welfare state
Notes Includes indexes
Bibliography Bibliography: pages 294-306
Includes index
Subject Finance, Public.
Welfare economics.
LC no. 87027892
ISBN 0521342562
0521348013 (paperback)