The Welfare Economics of Public Policy - 9781843766889

The Welfare Economics of Public PolicyA Practical Approach to Project and Policy Evaluation\nAuthor(s): Richard E, Just, Darrell L. Hueth, Andrew Schmitz\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781843766889, 978-1843766889\nSynopsis\nThis outstanding text, a follow-up to the authors' award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural [url] on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors devel.