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E-raamat: Issues in Contemporary Economics: Volume 1: Markets and Welfare

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A collection of papers which examine the role of markets and welfare in contemporary economics. Topics covered range from a study of basic income schemes and the lessons from public economics to alternative approaches to libertarian rights in the theory of social choice.

This book, with an overview introduction by Kenneth J.Arrow, is the first volume of the proceedings of the World Economic Congress held in Athens, Greece, in August/September 1989 under the auspices of the International Economic Association. It contains in Part 1 lectures from the plenary session by distinguished world economists. Part 2 contains surveys and reflections on various aspects of markets in equilibrium. Part 3 is concerned with normative criteria for economic policy within the framework of welfare and social choice theory.
Preface; A.Sen - The International Economic Association - Acknowledgements - IEA Programme Committee - List of Contributors and Section Leaders - Abbreviations and Acronyms - Introduction; K.J.Arrow - PART 1: THE PLENARY PAPERS - Presidential Address: The Nature of Inequality; A.Sen - Basic Income Schemes and the Lessons from Public Economies; A.B.Atkinson - Economic Restructuring in the USSR and International Economic Relations; A.G.Aganbegyan - The Mechanisms of Social Integration: The Role of the Market; Z.Ferge - History and Economic Theory; F.Hahn - Monitoring the Economic and Social Weather in the Philippines; M.Mangahas - PART 2: MARKETS IN EQUILIBRIUM - General Equilibrium in an Imperfect World: Incomplete Markets; F.Hahn - Comment; R.Guesnerie - Microeconomic Foundations and Properties of a Macroeconomic Model with Imperfect Competition; J-P.Benassy - The 'Folk Theorem' and Continuous Reaction Functions: A Synthesis; J.W.Friedman - Price Dispersion: Theoretical Considerationsand Empirical Evidence from the Marseille Fish Market; A.Kirman & A.Vignes - Information and Regulation; J-J.Laffont - Equilibrium and Rationality: Context and History-Dependence; J-F.Mertens - PART 3: WELFARE AND SOCIAL CHOICE - Alternative Approaches to Libertarian Rights in the Theory of Social Choice; K.Suzumura - The Normative Economics of Unanimity and Equality: Equity, Adequacy and Fundamental Dominance with Applications to Matchings and Wages; S-C.Kolm - A Solution to the Problem of Mass Elections; B.Peleg