Welfare Economics of the Second Best

5 Pages·1986·0.126 MB·English

by  Professor Patricia Apps, Professor Glenn Jones (auth.), Dieter Bös, Christian Seidl (eds.)

Journal of Economics
Zeitschrift fur Nationalakonomie
Supplementum 5
Welfare Economics
of the Second Best
Edited by
Dieter Bas and
Christian Seidl
Springer-Verlag
Wien New York
Dieter Bas
Professor, University of Bonn
Federal Republic of Germany
Christian Seidl
Professor, University of Kid,
Federal Republic of Germany
We gratefully acknowledge financial support by the following Austrian
institutions: Oesterreichische Nationalbank, Osterreichischer Genossen
schaftsverband, Konsumverband, Osterreichischer Raiffeisenverband and
Wohnbauverband.
This work is subject to copyright.
All rights are reserved, whether the whole or part of the material is
concerned, specifically those of translation, reprinting, re-use of illustra
tions, broadcasting, reproduction by photocopying machine or similar
means, and storage in data banks.
© 1986 by Springer-Verlag/Wien
With 17 Figures
Library of Congress Cataloging-in-Publication Data.
Welfare economics of the second best. (Journal of economics = Zeitschrift fiir
NationalOkonomie. Supple mentum ; 5). 1. Second best, Theory of. 2. Welfare
economics. I. Bos, Dieter. II. Seidl, Christian. III. Series: Zeitschrift fiir Na
tionalokonomie. Supplementum ; 5. HB 846.6.W45 1986 330.15'5 86-31357.
ISBN-13: 978-3-211-81942-5 e-ISBN-13: 978-3-7091-6998-8
DOl: 10.1 007/978-3-7091-6998-8
Table of Contents
Apps, P., and G. Jones: Selective Taxation of Couples. . . . . . . . . . . . 1
Bos, D.: A Theory of the Privatization of Public Enterprises ...... 17
Dierker, E.: When Does Marginal Cost Pricing Lead to Pareto Effi-
ciency? .................................................... 41
Ebert, U.: Equity and Distribution in Cost-Benefit Analysis ........ 67
Gaertner, W.: Pareto, Interdependent Rights Exercising and Strategic
Behaviour ................................................. 79
Gravelle, H. S. E.: Insurancf. and Corrective Taxes in the Health Care
Market .................................................... 99
Giith, W., and M. Hellwig: The Private Supply of a Public Good ... 121
c.,
Kemp, M. and H. Y. Wan, Jr.: The Comparison of Second-Best
Equilibria: The Case of Customs Unions ..................... 161
Orosel, G. 0.: Tentative Notes on Prestige Seeking and Pareto-Effi-
ciency ................................... " ................ 169
Rees, R.: Indivisibilities, Pricing and Investment: The Case of the
Second Best. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 195
Seidl, Ch.: The Impossibility of Nondictatorial Tolerance .......... 211
Streissler, E., and W. Neudeck: Are there Intellectual Precursors to
the Idea of Second Best Optimization? ........................ , 227
Wickstrom, B.-A.: Transfers, Collective Goods, and Redistribution .. 243
Winckler, G., and E. Amann: Exchange Rate Policy in the Presence
of a Strong Trade Union .................................... 259
Dedicated to Wilhelm Weber on the occasion
of his seventieth birthday
to pay tribute to his valuable contribution
to the Zeitschrift fur Nationalokonomie