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PierrePestieau

The Economics of Social Protection

The Economics of Social Protection

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  • More about The Economics of Social Protection

This Element provides an analysis of social protection from an economic perspective, focusing on design, efficiency, performance, insurance contracts, and asymmetric information. It relies on public and insurance economics tools and methods.

Format: Hardback
Publication date: 28 September 2023
Publisher: Cambridge University Press


The objective of this Element is to provide an in-depth analysis of social protection from an economic perspective. It draws upon a wide range of tools and methodologies commonly employed in public and insurance economics, encompassing four main sections in addition to an introduction. The first section focuses on the design and political sustainability of social protection programs. The second section evaluates the efficiency and effectiveness of social protection programs and the overall performance of the welfare state. In the third section, the comparative advantages of social and private insurance are explored, along with the design of optimal insurance contracts, particularly in the areas of health and pensions. The final section delves into the implications of asymmetric information, which may lead governments to adopt policies that would otherwise be rejected in a perfect information setting.

The objective of this Element is to provide an in-depth analysis of social protection from an economic perspective. It draws upon a wide range of tools and methodologies commonly employed in public and insurance economics, encompassing four main sections in addition to an introduction. The first section focuses on the design and political sustainability of social protection programs. The second section evaluates the efficiency and effectiveness of social protection programs and the overall performance of the welfare state. In the third section, the comparative advantages of social and private insurance are explored, along with the design of optimal insurance contracts, particularly in the areas of health and pensions. The final section delves into the implications of asymmetric information, which may lead governments to adopt policies that would otherwise be rejected in a perfect information setting.

Weight: 240g
Dimension: 160 x 238 x 10 (mm)
ISBN-13: 9781009454155

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