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Agency and Public Finance

Julian Le Grand.

in Motivation, Agency, and Public Policy

September 2003; published online April 2004.

Chapter. Subjects: public economics. 3399 words.

Examines how individuals should be left to make their own decisions with respect to other areas of welfare, such as saving for their pension or long‐term care. It concludes that there is a case for...

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Agency and Public Services

Julian Le Grand.

in Motivation, Agency, and Public Policy

September 2003; published online April 2004.

Chapter. Subjects: public economics. 6172 words.

Discusses the fundamental agency question as to the relative balance of power between individual users and professionals with respect to public services such as health care and education. It examines...

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Aging, Religion, and Health

Edited by Angus Deaton.

in Explorations in the Economics of Aging

May 2011; published online February 2013.

Chapter. Subjects: public economics. 12665 words.

This chapter explores aging, religion, and health. It considers both the determinants and consequences of religion. Determinants of religiosity and religious practice may include...

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Agreeable Plans

James A. Mirrlees and Peter J. Hammond.

in Welfare, Incentives, and Taxation

March 2006; published online October 2011.

Chapter. Subjects: public economics. 7705 words.

This chapter discusses the non-existence of optimum growth, the maximal locally optimal path, and the existence of agreeable plans. It is determined that agreeable plans exist in all cases where any...

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AIDS and the Ecology of Poverty

Eileen Stillwaggon.

November 2005; published online February 2006.

Book. Subjects: public economics. 272 pages.

This book examines the HIV/AIDS epidemic in the social and economic context of poverty and economic crisis in developing and transition countries. It challenges the assumption — implicit in AIDS...

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Allocating Resources: A Joint Scientific and Deliberative Approach

Jennifer Prah Ruger.

in Health and Social Justice

October 2009; published online February 2010.

Chapter. Subjects: public economics. 11832 words.

This chapter addresses the question of priority setting for competing needs when resources are scarce. It begins with the broader societal perspective, because fair decisions must balance spending on...

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Ambiguity

Jürgen Eichberger and David Kelsey.

in The Handbook of Rational and Social Choice

January 2009; published online May 2009.

Chapter. Subjects: public economics. 11602 words.

Ambiguity refers to a decision situation under uncertainty where there is incomplete information about the likelihood of events. Different formal models of this notion have been developed with...

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The anatomy of government failure

Timothy Besley.

in Principled Agents?

August 2007; published online October 2011.

Chapter. Subjects: public economics. 19010 words.

This chapter focuses on government failure. Most economists now agree that the idea of government failure needs to be placed alongside the idea of market failure in discussions of government...

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Applications of Non‐Expected Utility

Han Bleichrodt and Ulrich Schmidt.

in The Handbook of Rational and Social Choice

January 2009; published online May 2009.

Chapter. Subjects: public economics. 10509 words.

Expected utility is the dominant framework for analyzing decisions under risk and uncertainty. Many empirical studies show that people deviate systematically from expected utility. To accommodate...

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Applied Welfare Economics

Chris Jones.

May 2005; published online July 2005.

Book. Subjects: public economics. 320 pages.

Important results in the applied welfare literature are used to extend a conventional Harberger cost-benefit analysis. A conventional welfare equation is obtained for marginal policy changes in a...

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