Superfairness: Applications and Theory by William J. Baumol

Superfairness: Applications and Theory

byWilliam J. Baumol

Paperback | January 29, 1988

not yet rated|write a review

Pricing and Purchase Info


Earn 178 plum® points

In stock online

Ships free on orders over $25

Not available in stores


With his characteristic acuteness and lucidity, William Baumol, one of America's foremost economists, tackles the problem of equity considerations in welfare economics by applying the novel "superfairness" criterion to the distribution of resources, product, income, and wealth that arises from economic decisions.Baumol extends the theory of fairness or equity in micropolicy beyond its more common technical analysis by exploring its applicability to a variety of practical and applied economic problems. He demonstrates that the tradeoff between fairness and efficiency in economic decision making does not have to be as great as generally believed, and he demonstrates a theory of fairness that provides economists with the analytic tools to make fairness analysis tractable.Superfairness covers a wide range of applications such as rationing, cross-subsidy pricing (as in telephone and utility services), predatory pricing, transfer payments and progressive taxation, wage negotiations, divorce settlements, and arbitration.William J. Baumol is Professor of Economics by joint appointment at Princeton University and New York University.

About The Author

William J. Baumol is Professor of Economics at New York University and Director of the university's C. V. Starr Center for Applied Economics.
Macroeconomics: Principles & Policy
Macroeconomics: Principles & Policy

by William Baumol


Ships within 1-2 weeks

Not available in stores

Microeconomics: Principles And Policy
Microeconomics: Principles And Policy

by William J. Baumol


Out of stock online

Not available in stores

The Theory of Environmental Policy
The Theory of Environmental Policy

by William J. Baumol


Available for download

Not available in stores

Shop this author

Details & Specs

Title:Superfairness: Applications and TheoryFormat:PaperbackDimensions:280 pages, 9 × 6 × 0.8 inPublished:January 29, 1988Publisher:The MIT Press

The following ISBNs are associated with this title:

ISBN - 10:0262521318

ISBN - 13:9780262521314

Look for similar items by category:

Customer Reviews of Superfairness: Applications and Theory