Welfare Economics and Social Choice Theory
Author: Allan M Feldman
Welfare economics, and social choice theory, are disciplines that blend economics, ethics, political science, and mathematics.
Welfare Economics and Social Choice Theory, 2nd Edition, include models of economic exchange and production, uncertainty, optimality, public goods, social improvement criteria, life and death choices, majority voting, Arrow's theorem, and theories of implementation and mechanism design.
Our goal is to make value judgments about economic and political mechanisms: For instance, does the competitive market produce distributions of products and services that are good or bad for society? Does majority voting produce good or bad outcomes? How can we design tax mechanisms that result in efficient amounts of public goods being produced?
We have attempted, in this book, to minimize mathematical obstacles, and to make this field accessible to undergraduate and graduate students and the interested non-expert.
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Oil and Politics in the Gulf: Rulers and Merchants in Kuwait and Qatar, Vol. 24
Author: Jill Crystal
Why in recent years have the social and economic upheavals in Kuwait and Qatar been accompanied by a remarkable political continuity? In a region of revolution and coups, these particular monarchies have somehow survived. In her analysis of political change in the Gulf, Jill Crystal investigates this apparent anomaly by examining the impact of oil on the formation and destruction of political coalitions and state institutions. She also adds to our understanding of state formation by highlighting the ways in which states and rulers structure the relationship between those with money and those with power. This updated edition includes a discussion of the Gulf War and its aftermath.
Table of Contents:
| Preface | ||
| Kuwait family tree | ||
| Qatar family tree | ||
| 1 | State formation and oil | 1 |
| 2 | History's legacy: Kuwait and Qatar before oil | 15 |
| 3 | Kuwait on the eve of oil | 36 |
| 4 | Kuwait after oil | 62 |
| 5 | Qatar | 112 |
| 6 | The Gulf War and its aftermath | 171 |
| 7 | Conclusion | 187 |
| Notes | 206 | |
| Select bibliography | 220 | |
| Index | 234 |
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