Chapter 12 Welfare Theory and Valuation

Author(s):  
Nancy E. Bockstael ◽  
A. Myrick Freeman
Keyword(s):  
Author(s):  
Oksana Sakal

The article is devoted doctrinal issues of environmental and economic effectiveness of use land in conditions of infringement of institutional transformations. The modern approaches to the definition of content of ecological and economic effectiveness of land use are analyzed. It is established that the overwhelming majority of domestic researchers interpret this notion regarding the use of agricultural land or farm land. It is proved that such an approach is justified, taking into account the structure of the land fund of Ukraine. However, this reduces other goals of the land user and functions of the land. It is proposed to investigate the category of ecological and economic effectiveness of land use in accordance with the provisions of the ecological economics, social welfare theory, and concept of total economic value. Based on the classification of land functions, the criteria of selection material content and social form of ecological and economic effectiveness of land use are determined.


1970 ◽  
Vol 2 (3) ◽  
pp. 251-265 ◽  
Author(s):  
B. G. Hutchinson

A welfare-theory-based framework for the evaluation of urban transportation investments is described. An economic efficiency criterion is developed in terms of the community demand schedules for accessibility and for environmental quality. A procedure for modifying this efficiency criterion to reflect income distribution goals is presented. It is argued that the necessary empirical information for this evaluation framework must be derived from the application of some consistent theory of democratic group decisions. A number of models of the political process are then reviewed. Recent experience with several institutional frameworks for planning is discussed and some of the principles of the models are used to evaluate this experience. The contributions that available models of the political process might make to the extension of the welfare-based-evaluation framework are then explored. The elementary extensions presented in the paper provide a basis for studying the goal formulation and weighting processes in particular communities. Comparative studies in a number of urban communities should lead to the development of a meaningful institutional framework for urban transportation planning activities.


Author(s):  
Atish R. Ghosh ◽  
Jonathan D. Ostry ◽  
Mahvash S. Qureshi

This chapter discusses international spillovers, the multilateral impact of individual countries' policies, and the scope for international policy cooperation. Theory and empirics suggests that recipient countries would benefit from coordinating their policy responses to capital inflows. Specifically, because of spillovers of one country's measures on another, uncoordinated responses might result in barriers that—abstracting from terms of trade effects—are inefficiently high, reducing both global and recipient-country welfare. Theory also suggests that, under plausible conditions, it would be globally efficient if source and recipient countries could act “at both ends” in managing cross-border capital flows. For the recipient country, there would be a clear benefit if part of the distortive cost of capital controls could be shifted to the source country. Even though source countries might incur some economic or administrative cost in managing outflows, they would benefit from the terms of trade improvement.


2015 ◽  
Author(s):  
Lorenzo Caliendo ◽  
Robert Feenstra ◽  
John Romalis ◽  
Alan Taylor

2019 ◽  
Vol 9 (4) ◽  
pp. 101
Author(s):  
Augusto Renato Pérez Mayo ◽  
Edgar Bahena Velaz ◽  
Nohemí Roque Nieto ◽  
Pablo Guerrero Sánchez

The article reviews the levels of working happiness of Human Resources working in a university organization in Mexico; was done the theoretical route under the gaze of the Welfare Theory proposed by Seligman (2010) and followers like Steen, Park, Peterson Salanova, Martinez and Llorens (2005), Contreras and Esguerra (2006) and others, as an explanatory framework that highlights the importance of identifying levels of happiness in work and in life, in an organization university. The methodology is empirical, descriptive and quantitative. The instrument used for data collection was the PERMA model. This instrument allowed identifying the levels of work happiness and the levels of happiness with life based on the methodological categorical criteria proposed by it were measured the following dimensions: Positive Emotions, Commitment, Positive Relationships, Meaning and Achievements. In the results of labor happiness an average of 31.34% was found, which is interpreted as poor happiness with their work. In the results of happiness in life the average was 33.79%, with which we could affirm that workers are deficient in happiness in their lives, which impacts on their emotional health and obviously on their work performance. An organization with poor organizational health.


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