The microeconomics of public policy analysis
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
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Princeton :
Princeton University Press,
©2002.
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Table of 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