Discourse on Social Planning under Uncertainty

Charles F. Manski

Discourse on Social Planning under Uncertainty
Format
Paperback
Publisher
Cambridge University Press
Country
United Kingdom
Published
31 December 2024
Pages
225
ISBN
9781009556750

Discourse on Social Planning under Uncertainty

Charles F. Manski

Economists have long studied policy choice by social planners aiming to maximize population welfare. Whether performing theoretical studies or applied analyses, researchers have generally assumed that the planner knows enough about the choice environment to be able to determine an optimal action. However, the consequences of decisions are often highly uncertain. Discourse on Social Planning under Uncertainty addresses the failure of research to come to grips with this uncertainty. Combining research across three fields - welfare economics, decision theory, and econometrics - this impressive study offers a comprehensive treatment that fleshes out a 'worldview' and juxtaposes it with other viewpoints. Building on multiple case studies, ranging from medical treatment to climate policy, the book explains analytical methods and how to apply them, providing a foundation on which future interdisciplinary work can build.

Order online and we’ll ship when available (31 December 2024)

Our stock data is updated periodically, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.