单词 | welfare economics |
释义 | > as lemmaswelfare economics welfare economics n. (the branch of) economics concerned with the effects of economic activity on the welfare of the individuals that compose society; spec. economic theory or practice aimed at improving the welfare of the individual.Theorists associated with this branch include Léon Walras, Vilfredo Pareto, and John Hicks. ΘΚΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > branches or models of statics1848 classical economics1885 bioeconomics1913 welfare economics1920 econometry1926 econometrics1931 microeconomics1943 macroeconomics1945 development economics1959 microsimulation1966 public choice1968 1920 Amer. Econ. Rev. 10 467 (heading) Price economics versus welfare economics. 1952 R. Mosier Amer. Temper 266 The declared object of evolutionary economics was the public welfare, and its principles were soon combined in what came to be known as welfare economics. 2011 M. D. White Kantian Ethics & Econ. iv. 125 Welfare economics assesses the effects on aggregate well-being of institutions, policies, or laws, with the ultimate aim of increasing or maximizing welfare by either manipulating existing arrangements or instituting new ones. < as lemmas |
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