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Record W2616951861 · doi:10.1111/1468-0106.12225

Second‐Best Theory: Ageing well at Sixty

2017· article· en· W2616951861 on OpenAlexaff
Robin Boadway

Bibliographic record

VenuePacific Economic Review · 2017
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicFiscal Policy and Economic Growth
Canadian institutionsQueen's University
Fundersnot available
KeywordsCommodityEconomicsNormativeGovernment (linguistics)Public policyWelfarePublic economicsPolicy analysisGeneral equilibrium theoryMicroeconomicsNeoclassical economicsEconomic growthPolitical science

Abstract

fetched live from OpenAlex

Abstract We summarize the evolution of the theory of second best since the original contribution of Richard Lipsey and Kelvin Lancaster. Early studies investigated the optimality of piecemeal first‐best policy in controlled sectors when distortions exist elsewhere. The applied welfare economics approach of Arnold Harberger and its embodiment in cost–benefit analysis incorporated second‐best analysis into the evaluation of public programs. Modern second‐best analysis emphasizes policy‐making in a distorted economy where distortions reflect either constraints on government policy instruments or features of the economic environment such as limited government information. This is illustrated using optimal commodity and income taxation and its refinements to intertemporal and uncertain settings. Second‐best analysis is a defining feature of modern normative public economics.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.004
metaresearch head score (Gemma)0.011
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.014
Threshold uncertainty score0.048

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0040.011
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0020.001
Science and technology studies0.0020.008
Scholarly communication0.0050.008
Open science0.0010.002
Research integrity0.0030.006
Insufficient payload (model declined to judge)0.0140.003

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.052
GPT teacher head0.256
Teacher spread0.204 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations6
Published2017
Admission routes1
Has abstractyes

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