Yew-Kwang Ng

Increasing Returns and Economic Efficiency

Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, a...

Welfare Economics

Towards a More Complete Analysis

This book attempts to make welfare economics more complete by discussing the recent inframarginal analysis of division of labor and by pushing welfare...

Welfare Economics

Introduction and Development of Basic Concepts

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Happiness—Concept, Measurement and Promotion

This open access book defines happiness intuitively and explores several common conceptual mistakes with regard to happiness. It then moves on to addr...

Specialization and Economic Organization

A New Classical Microeconomic Framework

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From Separability to Unweighted Sum

A Case for Utilitarianism

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Markets and Morals

The book is researched and written with strong academic rigor and persuasive argument that also makes it accessible to the general public. Considering...

The Increasing Returns and Economic Efficiency

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Neo-neutrality of Money Under Non-perfect Competition

Why Do Economists Fail to See the Possibility?

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Why Does the Real Economy Adjust Sluggishly?

Interfirm Macroeconomic Externality and a Continuum of Quasi-equilibria

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Social Welfare and Economic Policy

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Non-traded Goods and the Welfare Gains from Tourism

Comment

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Intra-firm Branch Competition for a Monopolist

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The Paradox of Interpersonal Cardinal Utility

A Proposed Solution

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The Necessity, Feasibility, and Adequacy of Cost-benefit Analysis where Life Or Other "non-economic" Factors are Concerned

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Mesoeconomics

A Micro-macro Analysis

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Relative-income and Diamond Effects

A Case for Burden-free Taxes and Higher Public Expenditures

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Happiness-Concept, Measurement and Promotion

What is Happiness? Why is Happiness Important.- Happiness versus Preference.- Some Conceptual Mistakes about Happiness.- Happiness or Life Satisfactio...

Mesoeconomics

A Micro-analysis

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Welfarism and Utilitarianism

A Rehabilitation

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Expected Subjective Utility

Is the Newnann-Morgenstern Utility the Same as the Neoclassical's?

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Divergence Between Utility and Dollar Values of Life as One Ages

Solving the Parish Paradox and Raising Perplexing Policy Issues

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The Enrichment of a Sector (individual/region/country) Benefit Others

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Immigration and Economic Welfare

Resource and Environmental Aspects

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Gender Division of Labor and Alimony

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What Should We Do about Future Generations?

In Search of Parfit's Theory X

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Common Mistakes in Economics by the Public, Students, Economists, and Nobel Laureates

This book presents and discusses the most common mistakes in economics made by a vast majority of people in every aspect of society. Discussed herein ...

Efficiency, Equality and Public Policy

With a Case for Higher Public Spending

Efficiency, Equality and Public Policy provides compelling arguments for the exclusive concern with efficiency in all specific areas of public economi...

Do individuals optimize in intertemporal consumption savings decisions?

A liberal method to encourage savings

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Individual Irrationality and Social Welfare

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A Micro-macroeconomic Analysis Based on a Representative Firm

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A Micro-macroeconomic Analysis Based on a Representative Firm

The Case of Revenue Maximization

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Effects of Externality-corrective Taxation on the Extent of the Market and Network Size of Division of Labor

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Do We Need Ramsey Taxation?

Our Existing Taxes are Largely Corrective

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The Benefits and Costs of Tourism

An Economic Perspective

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Externality, Pigou and Coase

A Case for Bilateral Taxation and Amenity Rights

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Relative Income, Aspiration, Environmental Quality, Individual and Political Myopia

Why May the Rat-race for Material Growth be Welfare-reducing?

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