Body: Scholars who research "Economics of welfare theory" look at branch of economics that uses microeconomic techniques to evaluate well-being.
Professionals of "Economics of welfare theory" include Tapan Mitra, Henry Wan, Robin W. Boadway.
Applying the principles of welfare economics gives rise to the field of public economics, the study of how government might intervene to improve social welfare is some of the cause to investigate "Economics of welfare theory".
Derivation (or assumption) of a social welfare function, social welfare maximization, and equity are a few categories of "Economics of welfare theory".