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Contents:AcknowledgementsIntroduction Richard E. Just, Darrell L.Hueth and Andrew SchmitzPART I THE JUSTIFICATION FOR PUBLIC INTERVENTIONA Market Failure 1. Paul A. Samuelson (1954), 'The Pure Theory of PublicExpenditure'2. Francis M. Bator (1958), 'The Anatomy of Market Failure'3.Kenneth J. Arrow (1970), 'The Organization of Economic Activity: IssuesPertinent to the Choice of Market versus Nonmarket Allocation'B Second Best4. Richard G. Lipsey and Kelvin Lancaster (1997), 'The General Theory ofSecond Best'5. Otto A. Davis and Andrew B. Whinston (1965), 'WelfareEconomics and the Theory of Second Best'PART II THEORETICAL FOUNDATIONS OFWELFARE MEASUREMENT A Economic Surplus 6. J.R. Hicks (1943), 'The FourConsumer's Surpluses'7. E.J. Mishan (1959), 'Rent as a Measure of WelfareChange'8. John Martin Currie, John A. Murphy and Andrew Schmitz (1971), 'TheConcept of Economic Surplus and Its Use in Economic Analysis'9. Arnold C.Harberger (1971), 'Three Basic Postulates for Applied Welfare Economics: AnInterpretive Essay'B Compensation Criteria 10. Harold Hotelling (1938), 'TheGeneral Welfare in Relation to Problems of Taxation and of Railway andUtility Rates'11. Nicholas Kaldor (1939), 'Welfare Propositions of Economicsand Interpersonal Comparisons of Utility'12. J.R. Hicks (1939), 'TheFoundations of Welfare Economics'13. T. de Scitovszky (1941), 'A Note onWelfare Propositions in Economics'14. Paul A. Samuelson (1950), 'Evaluationof Real National Income'PART III METHODOLOGICAL FOUNDATIONS OF WELFAREMEASUREMENT 15. Paul A. Samuelson (1942), 'Constancy of the Marginal Utilityof Income'16. Eugene Silberberg (1972), 'Duality and the Many Consumer'sSurpluses'17. Robert D. Willig (1976), 'Consumer's Surplus WithoutApology'18. Alan Randall and John R. Stoll (1980), 'Consumer's Surplus inCommodity Space'19. Jerry A. Hausman (1981), 'Exact Consumer's Surplus andDeadweight Loss'20. Yrjo O. Vartia (1983), 'Efficient Methods of MeasuringWelfare Change and Compensated Income in Terms of Ordinary DemandFunctions'PART IV INCOME DISTRIBUTIONAL CONSIDERATIONS IN WELFAREMEASUREMENT21. Andrew Schmitz and David Seckler (1970), 'MechanizedAgriculture and Social Welfare: The Case of the Tomato Harvester'22. BruceGardner (1983), 'Efficient Redistribution through Commodity Markets'PARTV DIMENSIONS OF PUBLIC POLICY EVALUATION A Welfare Economics of Market Power23. Keith Cowling and Dennis C. Mueller (1978), 'The Social Costs of MonopolyPower'24. Richard E. Just, Andrew Schmitz and David Zilberman (1979), 'PriceControls and Optimal Export Policies under Alternative MarketStructures'B Multimarket Equilibrium Welfare Measurement 25. Richard E. Justand Darrell L. Hueth (1979), 'Welfare Measures in a Multimarket Framework'26.Walter N. Thurman and J.E. Easley, Jr. (1992), 'Valuing Changes in CommercialFishery Harvests: A General Equilibrium Derived Demand Analysis'27. RunarBrannlund and Bengt Kristrom (1996), 'Welfare Measurement in Single andMultimarket Models: Theory and Application'28. Ian W.H. Parry (1995),'Pollution Taxes and Revenue Recycling'C Welfare Measurement with Risk andUncertainty 29. Benton F. Massell (1969), 'Price Stabilization andWelfare'30. Daniel A. Graham (1981), 'Cost-Benefit Analysis underUncertainty'31. Rulon Pope, Jean-Paul Chavas and Richard Just (1983),'Economic Welfare Evaluations for Producers under Uncertainty'32. Kenneth J.Arrow and Robert C. Lind (1970), 'Uncertainty and the Evaluation of PublicInvestment Decisions'D Welfare Effects of Information and Advertising 33.Joseph E. Stiglitz (1985), 'Information and Economic Analysis: APerspective'34. William Foster and Richard E. Just (1989), 'Measuring WelfareEffects of Product Contamination with Consumer Uncertainty'35. Gary S. Beckerand Kevin M. Murphy (1993), 'A Simple Theory of Advertising as a Good orBad'E Non-market Welfare Measurement 36. Harold Hotelling (1947), 'Letter tothe National Park Service'37. Oscar R. Burt and Durward Brewer (1971),'Estimation of Net Social Benefits from Outdoor Recreation'38. Karl-GoranMaler (1971), 'A Method of Estimating Social Benefits from PollutionControl'39. Nancy E. Bockstael and Kenneth E. McConnell (1983), 'WelfareMeasurement in the Household Production Framework'40. Nancy E. Bockstael andCatherine L. Kling (1988), 'Valuing Environmental Quality: WeakComplementarity with Sets of Goods'41. Timothy J. Bartik (1988), 'Measuringthe Benefits of Amenity Improvements in Hedonic Price Models'42. AlanRandall, Berry Ives and Clyde Eastman (1974), 'Bidding Games for Valuation ofAesthetic Environmental Improvement'43. W. Michael Hanemann (1999), 'WelfareAnalysis with Discrete Choice Models'PART VI REFLECTIONS 44. John V.Krutilla (1981), 'Reflections of an Applied Welfare Economist'45. W. MichaelHanemann (1992), 'Preface'46. Richard G. Lipsey (2007), 'Reflections on theGeneral Theory of Second Best at its Golden Jubilee'Name Index