Welfare from a benefit viewpoint

DOI10.1007/BF01213660MaRDI QIDQ1814940zbMATH OpenOpenAlexFDO

Authors David G. Luenberger

Publication date 1996

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01213660

zbMATH Keywords

welfare measureswillingness-to-pay measures

Mathematics Subject Classification ID

Social choice (91B14)

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Cites work

• Benefit functions and duality
• New optimality principles for economic efficiency and equilibrium

Cited in

(23)

• On the commutativity of expansion and substitution effects
• Family allowances as welfare improvements
• Alternative measures of benefit for nonmarket goods which are substitutes or complements for market goods
• Benefit functions and duality
• Radner's cost-benefit analysis in the small: a correction and new equivalences
• Directional distance functions and social welfare: some axiomatic and dual properties
• Money matters: an axiomatic theory of the endowment effect
• Efficient firm groups: allocative efficiency in cooperative games
• Single-period Markowitz portfolio selection, performance gauging, and duality: a variation on the Luenberger shortage function
• The Normative Characterization of Aggregate Consumers' Surplus Measures
• An extension of the multi-output state-contingent production model
• A welfare decomposition in quasi-linear economies
• The nonparametric approach to applied welfare analysis
• Production economics and economic efficiency
• What is an appropriate welfare measure for efficiency of local public policies inducing migration?
• On some classes of normed and risk averse preferences
• On duality and the benefit function
• Money-metrics in local welfare analysis: Pareto improvements and equity considerations
• Potential welfare and the sum of individual compensating or equivalent variations
• Welfare reducing licensing.
• Surplus measures and Luenberger Hicks-Moorsteen productivity indicator
• On economic efficiency under non-convexity
• On the relationship between the Hicksian measures of change in welfare and the Pareto principle

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