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010   $a3-642-30071-5
024 7 $a10.1007/978-3-642-30071-4
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035   $a(EBL)973046
035   $a(OCoLC)821031071
035   $a(SSID)ssj0000799548
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035   $a(PQKBTitleCode)TC0000799548
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035   $a(DE-He213)978-3-642-30071-4
035   $a(MiAaPQ)EBC973046
035   $a(PPN)168315874
035   $a(EXLCZ)992670000000279597
100   $a20121026d2013      u|             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aEfficiency and equity in welfare economics$b[electronic resource] /$fby PierCarlo Nicola
205   $a1st ed. 2013.
210  1$aBerlin, Heidelberg :$cSpringer Berlin Heidelberg :$cImprint: Springer,$d2013.
215   $a1 online resource (162 p.)
225 1 $aLecture Notes in Economics and Mathematical Systems,$x0075-8442 ;$v661
300   $aDescription based upon print version of record.
311   $a3-642-30070-7 
320   $aIncludes bibliographical references and index.
327   $aOverview -- Inequality, Poverty, and Welfare: Social Welfare and Income Distributions -- Inequality and Poverty Indexes -- Welfare and Efficiency: Inequality, Efficiency, and the Production Sphere -- Efficiency and Welfare -- Information Incentives and Performance -- Summary Example and Numerical Simulations: A Summary Example -- Implementing the Example: One Time Period -- Dynamics: Many Time Periods -- Final Remarks -- Appendix: Implementing 2008 Income Data for Italy.
330   $aIncreasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constraints which consider both efficiency and equity, i.e. taxes and subsidies, implemented by a public authority. The model is numerically implemented and considers a set of economic agents with starting incomes that satisfy Pareto income law under various values of the alpha parameter. Also, the model implementations respect the social production function. Various experiments are presented which show how income inequality (measured by means of the Lorenz curve and, what I call, the Lorenz-Gini inequality index) and measures of poverty are sensibly reduced by redistributing national income without lowering efficiency in production. A case study, or application, of Italian personal income in 2008 is also presented.
410  0$aLecture Notes in Economics and Mathematical Systems,$x0075-8442 ;$v661
606   $aEconomic theory
606   $aPublic finance
606   $aMicroeconomics
606   $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000
606   $aPublic Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W34000
606   $aMicroeconomics$3https://scigraph.springernature.com/ontologies/product-market-codes/W31000
615  0$aEconomic theory.
615  0$aPublic finance.
615  0$aMicroeconomics.
615 14$aEconomic Theory/Quantitative Economics/Mathematical Methods.
615 24$aPublic Economics.
615 24$aMicroeconomics.
676   $a338.4/73621
676   $a338.473621
700   $aNicola$b PierCarlo$4aut$4http://id.loc.gov/vocabulary/relators/aut$0102714
906   $aBOOK
912   $a9910438086903321
996   $aEfficiency and Equity in Welfare Economics$92530604
997   $aUNINA