The microeconomics of public policy analysis / Lee S. Friedman.

Format:

Book

Author/Creator:

Friedman, Lee S., author.

Language:

English

Subjects (All):

Policy sciences.

Microeconomics.

Physical Description:

1 online resource (785 pages)

Place of Publication:

Princeton ; Oxford : Princeton University Press, [2002]

Summary:

This title shows how microeconomics should be used in the analysis of public policy problems. It is a new way to learn microeconomics, motivated by its application to important, real-world issues.

Contents:

Introduction to microeconomic policy analysis

An introduction to modeling : demand, supply, and benefit-cost reasoning

Utility maximization, efficiency, and equity

The specification of individual choice models for the analysis of welfare programs

The analysis of equity standards : an intergovernmental grant application

The compensation principle of benefit-cost reasoning : benefit measures and market demands

Uncertainty and public policy

Allocation over time and indexation

The cost side of policy analysis : technical limits, productive possibilities, and cost concepts

Private profit-making organizations : objectives, capabilities, and policy implications

Public and nonprofit organizations : objectives, capabilities, and policy implications

Efficiency, distribution, and general competitive analysis : consequences of taxation

The control of prices to achieve equity in specific markets

Distributional control with rations and vouchers

Allocative difficulties in markets and governments

The problem of public goods

Externalities and policies to internalize them

Industry regulation

Policy problems of allocating resources over time

Imperfect information and institutional choices.

Notes:

Includes bibliographical references and index.

Description based on print version record.

Includes index.

ISBN:

9781400885701

OCLC:

1350077718