Designing Public Policies: An Approach Based on - download pdf or read online

By Francisco J. André

ISBN-10: 3642121829

ISBN-13: 9783642121821

ISBN-10: 3642121837

ISBN-13: 9783642121838

This ebook provides a methodological method for the joint layout of financial and environmental regulations. the start line is the statement that, in perform, coverage makers don't frequently have a well-defined target, yet they're commonly focused on a few financial and environmental symptoms that clash with one another. In view of this, coverage making is addressed by way of combining separate analytical techniques: a number of standards choice making (MCDM) and computable normal equilibrium (CGE) modeling. the purpose is to come back up with a methodological framework for coverage layout that's either operational and in line with financial thought. in brief, this booklet bargains a unified view of this novel technique, paying designated realization to the connections among monetary and environmental targets. The methodological foundations are offered in addition to a few actual functions that illustrate the pragmatic worth of the theoretical proposal.

Show description

Read or Download Designing Public Policies: An Approach Based on Multi-Criteria Analysis and Computable General Equilibrium Modeling PDF

Similar microeconomics books

Leonid Hurwicz's Designing Economic Mechanisms PDF

A mechanism is a mathematical constitution that types associations in which financial task is guided and coordinated. there are numerous such associations; markets are the main typical ones. Lawmakers, directors and officials of personal businesses create associations in orders to accomplish wanted targets.

Energy: Management, Supply and Conservation, Second Edition - download pdf or read online

Strength - its resource, safeguard, expense, and the potency of its use, are more and more vital matters for a various diversity of individuals. 'Energy: administration, offer and Conservation' is a complete textual content facing the idea and perform of the availability of strength, strength administration and auditing, and the layout of sustainable strength amenities.

New PDF release: Economic Evolution and Equilibrium: Bridging the Gap

Theory,whichformalizesa dynamiceconomicsystemasa systemofdi? erence, or di? erential, equations. There equilibria suggest ‘equilibrium trajectories’ of the full evolution that, in a undeniable feel, are optimum. a very un- tisfactory function of this conceptualization of an equilibrium, despite the fact that, is the factthattheintertemporaloptimizingapproachcompletelypredeterminesthe complete way forward for the commercial approach.

Extra resources for Designing Public Policies: An Approach Based on Multi-Criteria Analysis and Computable General Equilibrium Modeling

Sample text

Wald (1951) had already defended Walras’ law and had provided the necessary proofs to demonstrate the existence of equilibrium. The use of differential calculus, topological analysis and the theory of convexity allowed authors like Arrow and Debreu (1954) and others to demonstrate the existence of equilibrium in very general models. The main mathematical tool that they used was, as mentioned earlier, Brouwer’s fixed-point theorem. Scarf (1973) developed a computational algorithm to find fixed points that satisfied the conditions of Brouwer’s fixed-point theorem.

Each agent will have obtained the individual demands and supplies to his or her maximum satisfaction, since the price vector is compatible with the decentralized decisions made by the agents. From this point of equilibrium, we will be ready to simulate and analyse the effects of the different policies applied. This outline of a general equilibrium model assumes, as is traditional, that the economy is modelled under the hypothesis of perfect competition. In Sect. 8g) we discuss some developments of related models under imperfect competition.

The development of econometric general equilibrium models, where models define and estimate the behaviour of consumers or producers in a more complex way. This line of study analyses general equilibrium systems from the point of view of econometrics. Parameters will thus be more appropriately obtained and there will be more feasible chances of validating the models. 3. The definition of models so they can perceive gains or losses in well-being from the distortions generated in the model. Finally, and apart from actual modelling, there is a line of action being developed that has to do with research group cooperation.

Download PDF sample

Designing Public Policies: An Approach Based on Multi-Criteria Analysis and Computable General Equilibrium Modeling by Francisco J. André

by Richard

Rated 4.70 of 5 – based on 34 votes