- Tapa dura: 560 páginas
- Editor: Cambridge University Press (23 de noviembre de 1995)
- Idioma: Inglés
- ISBN-10: 0521497213
- ISBN-13: 978-0521497213
- Valoración media de los clientes: Sé el primero en opinar sobre este producto
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Public Economics (Inglés) Tapa dura – 23 nov 1995
Descripción del producto
'This is the most comprehensive up-to-date exposition of the modern theory of public economics … A natural reference for any student or scholar in the field.' Eytan Sheshinski, Hebrew University of Jerusalem
'As an introduction to the methods and content of standard public economics the book is excellent. Its comprehensive coverage will be particularly appreciated by post-graduate students, but practising economists in all areas will value it as a reference. Highly recommended.' Simon Vicary, The Economic Journal
Reseña del editor
This textbook provides a thorough treatment of all the central topics in public economics. Aimed at senior undergraduate and graduate students, it will also be invaluable to professional economists and to those teaching in the field. The book is entirely self-contained, giving all the equilibrium theory and welfare economics needed to understand the analyses. The author covers the Arrow-Debreu economy, welfare economics and the measurement of inequality and poverty which lay the foundations and emphasise the important role played by information. Within the competitive economy, he examines commodity taxation, income taxation and tax reform in a certain environment. He goes on to study the public economics of uncertainty, and then treats public goods, externalities, imperfect competition and tax evasion as departures from the standard competitive assumptions and looks at their implication for public economics derived.Ver Descripción del producto
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The book is aimed at graduate students or advanced undergrads. For the latter use one would really require supplementary material introducing some major empirical trends in public finance, unless the students have had it already.
The flipside of the breadth of the book is that its depth is limited on some important topics. Naturally different people have different beliefs about the appropriate stress, but incomplete information in particular received nowhere near the treatment it should have. There's some mention, and naturally some comes through in the treatment of optimal taxation, but it's not enough to enable someone to make any sense of the many and important results treating public econ from a mechanism design standpoint, which is a reasonable goal for a book like this. Bayesian equilibrium is not even formally defined. Laffont's text _Fundamentals of Public Economics_ has some more emphasis on this (his _Economics of Information and Uncertainty_ has even more, though not specifically from a public econ perspective). Chapter 6 of Myerson's _Game Theory_ and chapter 7 of Fudenberg & Tirole's _Game Theory_ may be useful supplements also.