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WELFARE THEORY [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2003-07-24

English

Subject field(s)
  • Economics
DEF

A theory based, first, on the assumption that individuals and companies will try to maximize their own welfare-that is, they will try to make their own economic and other circumstances as desirable as possible-and, second, that, as individuals and companies make economic decisions in their own interest, they do so in such a way that markets move towards equilibrium, easing inflation.

French

Domaine(s)
  • Économique
OBS

Signifie que les agents économiques agissent non seulement en fonction des données du passé (anticipations adaptatives), mais aussi en fonction des prévisions du futur. Les anticipations rationnelles se distinguent des anticipations adaptatives en ce que le jeu des anticipations adaptatives exige un temps d'observation pour apprendre la loi d'évolution, alors que pour les anticipations rationnelles l'agent a cette connaissance dès le départ.

Spanish

Campo(s) temático(s)
  • Economía
DEF

Son las hipótesis que se formulan con carácter predictivo, y que no contienen los errores sistémicos imputables al desconocimiento del marco de predicción.

CONT

Sin embargo, por muy racionales que sean las expectativas, el futuro puede configurarse de modo diferente al esperado, debido a sucesos de carácter aleatorio imposibles de prever.

Save record 1

Record 2 2002-01-12

English

Subject field(s)
  • Economic Doctrines, Systems and Policies
  • Economic Planning
  • National and International Economics
DEF

A branch of economic theory dealing with the evolution of principles for maximizing social welfare.

CONT

In practice, welfare economics concerns chiefly the possibilities for improving the way that given aggregates of resources may be allocated to different user to satisfy better individual wants.

OBS

Compare with "environmental economics".

Key term(s)
  • welfare economy

French

Domaine(s)
  • Doctrines, systèmes et politiques économiques
  • Planification économique
  • Économie nationale et internationale
CONT

Le terme de bien-être [...] situation heureuse liée à la satisfaction des besoins [...] est de plus en plus souvent utilisé (notamment Économie de Bien-Être) en faisant référence à un domaine nouveau de l'analyse et de la recherche économique : les règles du fonctionnement d'une économie nationale où la satisfaction éprouvée par l'ensemble des individus qui la compose serait maximale.

Key term(s)
  • économique du bien-être

Spanish

Campo(s) temático(s)
  • Doctrinas, políticas y sistemas económicos
  • Planificación económica
  • Economía nacional e internacional
Save record 2

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