Multiattribute Procurement Auctions: Efficiency and Social Welfare in Theory and Practice

2014 ◽  
Vol 11 (4) ◽  
pp. 215-232 ◽  
Author(s):  
Gregory E. Kersten
Keyword(s):  
Social Welfare ◽  
Theory And Practice ◽  
Procurement Auctions ◽  
Efficiency And Social Welfare

Climate, economy and justice — the interdependent aspects of global well-being: An analysis of develop-mental economy, climate and justice in light of its global politics

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Sonia Kapur
Keyword(s):  
Climate Change ◽  
Social Justice ◽  
Social Welfare ◽  
Social Development ◽  
Well Being ◽  
Theory And Practice ◽  
Global Politics ◽  
Climate Change Economics

In his book Climate, Economy, and Justice: Global Frontiers of Social Development in Theory and Practice, Brij Mohan assembled the works of a team of experts on topics such as climate change, economics and social justice. According to the author, this book explodes myths about social welfare and development and offers a critical interface between “comparative social welfare” and “new social development”.

Can developing countries benefit from export promotion?

2005 ◽  
Vol 32 (1) ◽  
pp. 60-80 ◽  
Author(s):  
Xiangkang Yin ◽  
Xiangshuo Yin
Keyword(s):  
Developing Countries ◽  
Social Welfare ◽  
Developing Country ◽  
Analytical Model ◽  
Foreign Exchange ◽  
New Technology ◽  
Export Promotion ◽  
Content Type ◽  
Improve Efficiency ◽  
Efficiency And Social Welfare

PurposeAlthough economic theory generally does not support government intervention in international trade, casual observation shows that many developing countries adopt certain trade policies to promote their exports. The objective of this paper is to answer the question that whether developing countries can benefit from export promotion.Design/methodology/approachThis paper considers a developing country which has to import new technology from the world market to improve its productivity. If it has certain economic rigidities, the country is short of foreign exchange and domestic firms cannot import an adequate amount of new technology. Even if there is no rigidity, domestic firms may not have sufficient incentive to invest in new technology. Therefore, the government can step in to subsidize exports. Through an analytical model, this paper investigates in what conditions the measures of export promotion can stimulate production and employment, and improve efficiency and social welfare.FindingsThis paper analyzes two effects of export promotion: raising the incentive of capital investment and reducing capital goods shortage caused by foreign exchange constraint. These effects might be the economic rationale for developing country governments to promote exports. It is found that export promotion can definitely raise employment and productivity, but whether these measures can stimulate the supply to the domestic market and improve domestic welfare depends on the sufficient and necessary condition given in the paper.Originality/valueEstablishes an analytical model to investigate in what conditions the measures of export promotion such as export subsidies and domestic currency devaluation can stimulate production and employment, and can improve efficiency and social welfare.

Economic Efficiency and Social Welfare.

1944 ◽  
Vol 54 (214) ◽  
pp. 229
Author(s):  
L. M. Fraser ◽  
A. L. Macfie
Keyword(s):  
Social Welfare ◽  
Economic Efficiency ◽  
Efficiency And Social Welfare

Theory and Practice of Social Welfare Policy

1985 ◽  
Vol 5 (1) ◽  
pp. 161
Author(s):  
John Tropman ◽  
Bruce S. Janasson
Keyword(s):  
Social Welfare ◽  
Welfare Policy ◽  
Theory And Practice ◽  
Social Welfare Policy

Welfare Implications of Congestion Pricing: Evidence from SFpark

2021 ◽  
Author(s):  
Pnina Feldman ◽  
Jun Li ◽  
Hsin-Tien Tsai
Keyword(s):  
Public Sector ◽  
Social Welfare ◽  
San Francisco ◽  
Local Governments ◽  
Congestion Pricing ◽  
Search Costs ◽  
Problem Definition ◽  
Theory And Practice ◽  
Spatial Search ◽  
Welfare Implications

Problem definition: Congestion pricing offers an appealing solution to urban parking problems—charging varying rates across time and space as a function of congestion may shift demand and improve allocation of limited resources. It aims to increase the accessibility of highly desired public goods and to reduce traffic caused by drivers who search for available parking spaces. At the same time, complex policies make it harder for consumers to make search-based decisions. We investigate the effect of congestion pricing on consumer and social welfare. Academic/practical relevance: This paper contributes to the theory and practice of the management of scarce resources in the public sector, where welfare is of particular interest. Methodologically, we contribute to the literature on structural estimation of dynamic spatial search models. Methodology: Using data from the City of San Francisco, both before and after the implementation of a congestion-pricing parking program, SFpark, we estimate the welfare implications of the policy. We use a dynamic spatial search model to structurally estimate consumers’ search costs, distance disutilities, price sensitivities, and trip valuations. Results: We find that congestion pricing increases consumer and social welfare by more than 4% and reduces search traffic by more than 10% in congested regions compared with fixed pricing. However, congestion pricing may hurt welfare in uncongested regions, in which the focus should be on increasing utilization. Moreover, an unnecessarily complex congestion-pricing scheme makes it difficult for consumers to make search-based decisions. We find that a simpler pricing policy may yield higher welfare than a complex one. Lastly, compared with a policy that imposes limits on parking durations, congestion pricing increases social welfare by allocating the scarce resource to consumers who value it most. Managerial implications: The insights from SFpark offer important implications for local governments that consider alternatives for managing parking and congestion and for public-sector managers who evaluate the tradeoffs between approaches to manage public resources.

scholarly journals Re-Recognition of Ride-Sourcing Service: From the Perspective of Operational Efficiency and Social Welfare

2021 ◽  
Vol 13 (15) ◽  
pp. 8198
Author(s):  
Zipeng Zhang ◽  
Ning Zhang
Keyword(s):  
Social Welfare ◽  
Travel Demand ◽  
Loading Rate ◽  
Evaluation Model ◽  
The Social ◽  
Effective Operation ◽  
Service Mode ◽  
Social Surplus ◽  
Rate Evaluation ◽  
Efficiency And Social Welfare

With increasing availability of alternative mobility options for city transportation system, it is necessary to better understand how emerging mobility options are impacting the travel demand and consumer-social surplus. However, few study have been conducted to evaluate the social welfare effects of the range of vacant trips in ride-sourcing service modes. This paper identified the vacant trip and loading rate evaluation model under the ride-sourcing service mode to enhance the effective operation of the different mobility services under numerical illustrations. The solution can also offer some beneficial guidance and theoretical basis for ride-sourcing systems in regard to planning and management aspects.

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