ISBN-13: 9781840643015 / Angielski / Twarda / 2001 / 336 str.
ISBN-13: 9781840643015 / Angielski / Twarda / 2001 / 336 str.
This work introduces a different way of thinking about the concept of economic efficency that is both consistent with its historical derivation and - arguably - more useful than concepts currently used. An expanded version of Kaldor-Hicks efficiency as an axiomatic system is proposed.