Exact(1)
With monopsony power, the "good" equilibria break down and there is scope for regulation that generates first order welfare gains (beyond Harberger triangles).
Similar(59)
The first-order welfare change function d W h / y h is given as13 d W h / y h = ∑ l Ø h l ( d w l / w l ) − ∑ g θ h g ( d p g / p g ) − ∑ h g θ h h g ( d p h g / p h g ) (2).
It offers them "free money orders," welfare-benefit pickups, prepaid phone cards and the real clincher:money transfers to relatives overseas.
As the government completes the Comprehensive Spending Review, due in July, extra billions are promised for health, education, transport, law and order, and welfare.
The early films -- like "Titicut Follies," "High School," "Law and Order," "Hospital," "Welfare" -- were initially received as muckraking social criticism, in line with 60's protest culture.
When application is made to lift such an order, the welfare of the young person must still be taken into account but the weight given to it changes after conviction, particularly in a serious case.
Within days of the arrests, the security services — still called the K.G.B. in Belarus, a former Soviet republic — ordered child welfare services to open custody proceedings.
David Cameron ordered the welfare reform minister Lord Freud to issue a full apology after it emerged he had said that some disabled people were "not worth" paying the minimum wage.
The indictments came seven weeks after the Texas Supreme Court ordered child welfare officials to return to their parents 460 children removed from the sect's Yearning for Zion Ranch and placed into foster care in early April.
Sen argued that when a social planner seeks to rank different social alternatives in an order of social welfare (thereby employing some aggregation rule as a welfare evaluation method), it may be justifiable to use additional information over and above ordinal preferences, such as interpersonally comparable welfare measurements (e.g., Sen 1982).
Van Oorschot talks about "deservingness rank order in European welfare states", that people tend to support the provision of welfare for elderly and sick people and those with disabilities more strongly than welfare for unemployed people or immigrants [ 8].
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