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Research note: An Overview of the Traditional Discussion on Methodology of Quantitative Measurement of Economic Welfare
https://doi.org/10.60461/0002000579
https://doi.org/10.60461/000200057974018758-050c-470d-9b4f-fe4d7533bc28
名前 / ファイル | ライセンス | アクション |
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||||||
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公開日 | 2024-11-07 | |||||||||
タイトル | ||||||||||
タイトル | Research note: An Overview of the Traditional Discussion on Methodology of Quantitative Measurement of Economic Welfare | |||||||||
言語 | en | |||||||||
作成者 |
櫻田, 陽一
× 櫻田, 陽一
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アクセス権 | ||||||||||
アクセス権 | open access | |||||||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||
主題 | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Economic welfare | |||||||||
主題 | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Hicksian compensated demand function | |||||||||
主題 | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Marshallian demand function | |||||||||
主題 | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Compensating Variation | |||||||||
主題 | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Equivalent Variation | |||||||||
内容記述 | ||||||||||
内容記述タイプ | Abstract | |||||||||
内容記述 | Degree of consumer satisfaction and economic welfare may fall under the category of subjective consumer psychology, and there is no way for a third party to directly observe or measure them quantitatively. Discussions about quantitative methodology of measuring changes in economic welfare using monetary scales have been going on for a long time. One of the representative examples is Dupuis and Marshall’s consumer surplus. As for the theory of consumer surplus, significant operability has been pointed out as an advantage, as consumer surplus can be easily estimated directly from actual market data. On the other hand, these arguments faced many criticisms from a pure theoretical perspective. Later, as an alternative to consumer surplus, the concepts of Compensating Variation (CV) and Equivalent Variation (EV) were proposed by Sir John Richard Hicks. Although Hicksian CV and EV are said to have higher theoretical qualifications than Marshallian consumer surplus, they are based on Hicksian demand function, which is difficult to measure from actual market data. Therefore, it has been pointed out that it is seriously lacking in operability. This paper provides an overview of the traditional debate surrounding the quantitative methodology of the measurement of economic welfare. | |||||||||
言語 | en | |||||||||
出版者 | ||||||||||
出版者 | 福岡女学院大学国際キャリア学部 | |||||||||
言語 | ja | |||||||||
出版者 | ||||||||||
出版者 | Faculty of International Career Developmet, Fukuoka Jo Gakuin University | |||||||||
言語 | en | |||||||||
言語 | ||||||||||
言語 | eng | |||||||||
資源タイプ | ||||||||||
資源タイプ識別子(シンプル) | http://purl.org/coar/resource_type/c_6501 | |||||||||
資源タイプ(シンプル) | departmental bulletin paper | |||||||||
出版タイプ | ||||||||||
出版タイプ | VoR | |||||||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||
識別子 | ||||||||||
識別子 | https://hdl.handle.net11470/1100 | |||||||||
識別子タイプ | HDL | |||||||||
ID登録 | ||||||||||
ID登録 | 10.60461/0002000579 | |||||||||
ID登録タイプ | JaLC | |||||||||
収録物識別子 | ||||||||||
収録物識別子タイプ | EISSN | |||||||||
収録物識別子 | 27590372 | |||||||||
書誌情報 |
en : Fukuoka Jo Gakuin University Bulletin. Faculty of International Career Development ja : 福岡女学院大学紀要. 国際キャリア学部編 巻 10, p. 63-76, ページ数 14, 発行日 2024-03 |