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The Social Welfare Function in Policy Analysis by Richard W. Tresch is a book available to read on EtoBox.

What is The Social Welfare Function in Policy Analysis about?

Chapter 4 begins with two attempts to apply the social welfare function: Atkinson’s formulation of social welfare as a function of individuals’ incomes, which he calculates using government survey data on personal income, and Jorgenson’s parameterization of consumers’ utility functions from econometric estimates of their expenditures. The chapter then considers Dardanoni’s analysis of the connection between social welfare and social mobility and concludes with a discussion of intergenerational mobility in the United States.

Author

Richard W. Tresch

Publisher

Elsevier

Published

2023

Language

EN