Discourse on social planning under uncertainty / Charles F. Manski, Northwestern University.

Format:

Book

Author/Creator:

Manski, Charles F., author.

Language:

English

Subjects (All):

Policy sciences.

Social planning.

Welfare economics.

Uncertainty.

Physical Description:

1 online resource (xvi, 254 pages) : digital, PDF file(s).

Edition:

First edition.

Place of Publication:

Cambridge, United Kingdom : New York, NY : Cambridge University Press, 2024.

Summary:

Economists have long studied policy choice by social planners aiming to maximize population welfare. Whether performing theoretical studies or applied analyses, researchers have generally assumed that the planner knows enough about the choice environment to be able to determine an optimal action. However, the consequences of decisions are often highly uncertain. Discourse on Social Planning under Uncertainty addresses the failure of research to come to grips with this uncertainty. Combining research across three fields - welfare economics, decision theory, and econometrics - this impressive study offers a comprehensive treatment that fleshes out a 'worldview' and juxtaposes it with other viewpoints. Building on multiple case studies, ranging from medical treatment to climate policy, the book explains analytical methods and how to apply them, providing a foundation on which future interdisciplinary work can build.

Notes:

Title from publisher's bibliographic system (viewed on 10 Jan 2025).

Includes bibliographical references and index.

ISBN:

9781009556736

1009556738

9781009556774

1009556770

9781009556767

1009556762

OCLC:

1498715254